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Paris FC, Bernard Arnault and LVMH
LVMH’s Arnault Family in Talks to Buy Majority Stake in Storied Parisian Soccer Club
Agache, the holding company of LVMH founder and Chief Executive Bernard Arnault’s family, is in exclusive talks to buy a majority stake in storied soccer club Paris FC, extending one of Europe’s richest families’ foray into sports.
Soccer-LVMH's Arnault, Red Bull in talks to buy French club Paris FC
French billionaire and LVMH chairman Bernard Arnault has teamed up with energy drinks company Red Bull to buy a controlling stake in French second-tier soccer club Paris FC, the Arnault family office said on Thursday.
French Billionaire Arnault and Red Bull Set Sights on Paris FC Takeover
French billionaire Bernard Arnault and Red Bull are in negotiations to acquire a controlling stake in Paris FC, a French second-tier soccer club. Arnault and Red Bull are seeking to expand their influence in sports following LVMH's recent sponsorship ventures.
Soccer-LVMH’s Bernard Arnault, Red Bull in talks to buy French club Paris FC
French billionaire and LVMH chairman Bernard Arnault has teamed up with energy drinks company Red Bull to buy a controlling stake
France's richest family, Red Bull in exclusive talks for Paris FC takeover
The Arnault family, owners of the LVMH luxury goods conglomerate, are in "exclusive negotiations" to buy a controlling stake in French football club Paris FC in a deal that will see energy drinks giant Red Bull secure a minority shareholding.
Billionaire Arnault Eyes Paris FC With Red Bull Partnership
French billionaire Bernard Arnault, alongside Red Bull, is in exclusive talks to acquire Paris FC. This comes after a recent LVMH sponsorship deal with Formula One. The move aims to bolster Paris FC's position in the football world,
LVMH sales fall
Louis Vuitton owner LVMH sales slump on weak China demand, shaking luxury sector
The world’s largest luxury group saw its shares tumble as much as 7.5% Wednesday morning to a two-year low before ticking back up by the afternoon.
Luxury stocks slide as LVMH disappoints and Wall Street eyes few signs of stronger China demand despite stimulus
LVMH's commentary on demand in China was a warning for luxury brands, which have relied on Chinese consumers to drive growth in recent years.
LVMH sales fall as China's luxury demand slump worsens
French luxury giant LVMH reported a 3% fall in third-quarter sales on Tuesday, undershooting estimates in its first decline in quarterly sales since the pandemic as demand in China and Japan weakened,
2h
France’s richest man Bernard Arnault and Red Bull enter exclusive negotiations to buy Paris FC
French billionaire and LVMH chairman Bernard Arnault has partnered with Red Bull to enter exclusive negotiations over buying ...
23h
LVMH’s Bernard Arnault sees nearly $10 billion in wealth wiped out after share-price bloodbath
Bernard Arnault, the founder and CEO of the luxury powerhouse LVMH, saw his wealth drop by nearly $10 billion in a single day ...
6d
Bootstrapping Your Unicorn: Bernard Arnault’s 7 Keys To LVMH Success
Arnault's rise from a small town to the top of global luxury is extraordinary. Here are 7 key lessons from his journey for ...
Business Times
18h
Bernard Arnault’s US$37 billion wealth loss comes as luxury dims in China
EIGHTEEN months ago, LVMH shares were trading at a record high and the group’s controlling shareholder, Bernard Arnault, was ...
1d
LVMH’s Fall From Grace in China Rattles Luxury Investors
Eighteen months ago, LVMH shares were trading at a record high and the group’s controlling shareholder, Bernard Arnault, was ...
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