In France, luxury is on the move: Arnault buys, Jacobs falters

In France, luxury is on the move: Arnault buys, Jacobs falters

Luxury is stirring in France, and the figures are eye-watering. Bernard Arnault (LVMH) has quietly purchased EUR 1.4 billion worth of LVMH shares. Luca de Meo (Kering) is preparing to cash in on his generous compensation package, which includes a tranche of Kering stock that is already rising in value. Meanwhile, the Marc Jacobs brand…

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