By Bloomberg Published October 27, 2024 The wealth of France’s luxury and cosmetics titans swelled to unprecedented heights during the pandemic era, when consumers snapped up pricey handbags, gowns and …
By Bloomberg Published September 12, 2024 The family behind luxury brand Chanel and the billionaire heiress of L’Oreal have bought a stake in the fashion label The Row, founded by …
By Bloomberg Published Jul 17, 2024 As demand for luxury goods and beauty products declines in some regions, so have the fortunes of a clutch of the world’s richest people. …
Translated by Nicola Mira Published Jun 19, 2024 French label Sézane is likely to see a change in its shareholding structure, less than two years after a first funding round …
By Bloomberg Published Jun 6, 2024 The billionaire family behind Chanel will have pocketed $12.4 billion in payouts from the luxury brand’s earnings over the past three years, contributing to …
By Bloomberg Published Apr 4, 2024 The Pinault family behind one of France’s biggest luxury fortunes has elevated a third-generation descendant to one of its prominent businesses, naming one of …
By Bloomberg Published Dec 29, 2023 Francoise Bettencourt Meyers became the first woman to amass a $100 billion fortune, marking another milestone for the heiress and for France’s expanding fashion …