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LVMH acquires Challenges, Sciences et Avenir and La Recherche

Luxury giant LVMH announced on Tuesday it has acquired the magazines Challenges, Sciences et Avenir and La Recherche as planned. According to a statement, the group intends to ensure their “longevity”. Businessman Claude Perdriel, who was the majority shareholder until now, had agreed to the sale for a symbolic one euro. He has now retired from...

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People|CEO Profile

Pietro Beccari's career path: An example of leadership in luxury fashion

Pietro Beccari, the newly appointed chairman and chief executive officer (CEO) of LVMH Fashion Group, started his career at the University of Parma, where he became the first ‘Alumnus of the Year’. According to a 2018 university statement, the executive was the first name inscribed on the award's roll of honour. This recognition was established...

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