Articles on Luxury

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A handshake between Luca de Meo (left) and François-Henri Pinault (right) that also symbolises a changing of the guard, marking a new era for the luxury industry. Thomas Samson/AFP

From selling cars to selling handbags: with the arrival of Luca de Meo at Kering (Gucci, Balenciaga), is luxury becoming a sector like any other?

The former Renault executive’s new post marks more than just a change in leadership.
(L-R) Jean-Paul Claverie, adviser to LVMH chairman Bernard Arnault; Rima Abdul-Malak, then French minister of culture; and Christophe Leribault, president of the Musée d'Orsay, stand in front of Gustave Caillebotte’s “La Partie de bateau” (The Boating Party) following its arrival at the museum in Paris in 2023. Anne-Christine Poujoulat/AFP

The group Louis Vuitton (LVMH), a gift to the Musée d’Orsay and a huge tax incentive – business as usual?

In 2023, the French luxury giant LVMH participated in the acquisition of an Impressionist painting by the Musée d’Orsay, a transaction combining patronage, public relations and tax optimisation.
Antoine Arnault (second from left), son of Bernard Arnault and member of the LVMH board of directors, visited the Notre-Dame de Paris Cathedral the day after the fire. Christophe Petit Tesson/AFP

The profane and the sacred: why luxury firms rushed to support Notre‑Dame

The biggest names in France’s luxury industry have given millions of euros to help rebuild Notre Dame. Questioning why they would do so overlooks the deep historical and religious roots of the industry.

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