Fashion tycoon Bernard Arnault accused of stranglehold over French business press
Key takeaways
- Donald Trump and Bernard Arnault at the opening of a Louis Vuitton factory in Texas.
- Prefer the Guardian on GoogleHe is known as the “wolf in cashmere” – the owner of the world’s biggest luxury group whose brands including Louis Vuitton, Dior and Tiffany have made him one of the world’s richest people.
- But Bernard Arnault, a close friend of Donald Trump, is under fire from journalists’ unions in France for buying up almost all the country’s business and economic press.
Why this matters: a developing story that could shape the day's news cycle.
Donald Trump and Bernard Arnault at the opening of a Louis Vuitton factory in Texas. Arnault was at Trump’s second inauguration in January last year. Photograph: Michael Buckner/WWD/Rex/Shutterstock View image in fullscreen Donald Trump and Bernard Arnault at the opening of a Louis Vuitton factory in Texas. Arnault was at Trump’s second inauguration in January last year. Photograph: Michael Buckner/WWD/Rex/Shutterstock Bernard Arnault Fashion tycoon Bernard Arnault accused of stranglehold over French business pressArnault’s addition of leading weekly to stable of publications raises concerns about media ownership in France
Prefer the Guardian on GoogleHe is known as the “wolf in cashmere” – the owner of the world’s biggest luxury group whose brands including Louis Vuitton, Dior and Tiffany have made him one of the world’s richest people.
But Bernard Arnault, a close friend of Donald Trump, is under fire from journalists’ unions in France for buying up almost all the country’s business and economic press.