Latest / Family Business Stories with Fexingo: Succession, Legacy, and Multi-Generational Companies
How the Arnault Family Built Luxury Giant LVMH
How did Bernard Arnault and his family assemble the world's largest luxury conglomerate, LVMH, from a struggling textile company? This episode traces the key acquisitions — from Christian Dior to Louis Vuitton to Hennessy — and the family governance structure that kept control in the Arnault family through holding companies and dual-class shares. We look at the 2022-2023 luxury slowdown and whether the family's dominance can survive the next generation's competition. Luca and Luna discuss the cost of the family office model and what other business families can learn from the…
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