LVMH has no plans to relocate the luxury conglomerate, said Bernard Arnault, its billionaire chief executive officer, after remarks he made critical of France drew a backlash at home.

Whichever sporting heroes bring home the medals at the Paris Olympics later this month, there will only be one true winner: LVMH founder, Chairman and Chief Executive Officer Bernard Arnault ...

(Bloomberg) -- LVMH has no plans to relocate the luxury conglomerate, said Bernard Arnault, its billionaire chief executive ...

Bernard Arnault has gone from being the world's richest person to fifth on the Bloomberg rich list. The LVMH CEO's net worth ...

Bernard Arnault is one of the world's richest people, worth $165 billion, per Bloomberg. He controls the French luxury conglomerate LVMH, and his children all have roles in the business.

LVMH Chairman Bernard Arnault said sales at Tiffany & Co. increased in the most recent quarter and the jeweler has become more profitable since it was bought by the luxury French conglomerate.

Alexandre Arnault will become the new deputy CEO of Moët Hennessy in 2025. The appointment is part of a leadership shake-up at Bernard Arnault's luxury conglomerate, LVMH.