The podcast is on holiday right now so we are replaying some of our favourite episodes as part of a summer series.
In March, The Fin spoke with the Australian Financial Review’s Fashion editor Lauren Sams, who was in Paris for fashion week at the time, about the rising fortunes of Bernard Arnault. The founder of luxury fashion powerhouse LVMH, had recently become the first European to rise to the top of the world’s rich lists, knocking tech titan Elon Musk off his perch.
Alas, his time at the top was not to last. A recovery in Tesla’s shareprice reinstalled Musk in the number one spot a few months after Lauren was on the podcast. But Arnault’s fortune has continued to rise. LVMH is a giant with more than 70 brands, including Louis Vuitton, Christian Dior, Tiffany and Sephora. And there is speculation in recent weeks of more deals to come.
So please enjoy this discussion with Lauren and AFR Magazine editor Matthew Drummond on the big business of luxury fashion.
Background reading:
https://www.afr.com/life-and-luxury/fashion-and-style/here-s-what-you-ll-be-wearing-in-2023-20230306-p5cplq
http://afr.com/women-of-influence/grit-and-gut-instinct-take-women-to-top-of-fashion-world-20230226-p5cnqm
https://www.afr.com/life-and-luxury/fashion-and-style/bernard-arnault-promotes-daughter-delphine-in-lvmh-reshuffle-20230112-p5cc7s
https://www.afr.com/life-and-luxury/fashion-and-style/the-secret-to-zimmermann-s-31-year-success-staying-in-its-lane-20220606-p5arex
See omnystudio.com/listener for privacy information.
AI is moving to 'the edge'. Here’s why that matters
Would cutting migration really solve the housing crisis?
Inside the Bonza bust & what it means for airline competition
What happens when Australia’s Boomers hand $5 trillion to their heirs
Budget 2024: rates watch, tax breaks & the NDIS ticking bomb
Nuclear power: Could we? Should we?
Why China's slowing economy is Australia's problem
The death of cash & the company caught in the middle
How Zoë Foster Blake bought back her business (for a tenth of the price)
The relentless rise of Australian house prices
Inside the AFR investigation into luxury’s grey market
Tech Zero: Formula 1 and the future of fuel
Why Sam Kerr's legal troubles won’t derail the Matildas movement
Why the gender pay gap will get worse before it gets better
US election: Why this Trump-Biden race will be different to the last
The work-from-home showdown as companies push back
The $7b hangover: How IAG was sucked into Lex Greensill’s vortex
Indonesia votes: dynasties, democracy & nickel
Albanese's tax cut gamble & what it means for the next election
Create your
podcast in
minutes
It is Free
Pharmacy Podcast Network
Sarah Westall - Business Game Changers
Børsen Morgenbriefing
Startitup podcasty
Wall Street Breakfast