, Columnist
Has Arnault Launched the Mating Dance of the Bling Kings?
The billionaire LVMH founder’s cryptic comments have ignited speculation about a deal with Rupert’s Richemont.
Bernard Arnault’s next target?
Photographer: Edward Berthelot/Getty Images EuropeThis article is for subscribers only.
The wolf is licking its lips. The prey is not wearing a red hooded cape, but Van Cleef & Arpels jewelry.
Bernard Arnault, the founder and chief executive officer of LVMH who’s known as the “wolf in cashmere,” last week sang the praises of Van Cleef owner Cie Financiere Richemont SA, and quipped that if its chairman, Johann Rupert, wanted “support to maintain his independence, I’ll be there.”