LVMH Inc.

News & Analysis

lvmh inc. and sotheby's - All News and Analysis

• Lots of trouble.

  - 2002-02-26

  Feb 23, 2002 The Economist ABIX via COMTEX -- LVMH has sold its majority stake in the auction house, Phillips, de Pury & Luxembourg. The decision is a major blow to the ambitions of the luxury goods company's head, Bernard Arnault, who had planned...

  Tags: LVMH Inc., Sotheby's

• Lots of trouble; Auction houses.(Ructions in the auctions business)(Brief Article)

  - 2002-02-23

  Bernard Arnault's ambitious plans for Phillips were an expensive mistake FEW thought Bernard Arnault would throw in the towel so quickly. But this week Mr Arnault, the head of LVMH, a luxury-goods conglomerate, sold the company's majority stake in Phillips, de Pury & ...

  Tags: LVMH Inc., Sotheby's

• Phillips makes bid to be a top house on auction block; Bold guarantees backed by LVMH vault.

  - 2001-05-07

  Tonight, in the luxurious new headquarters being built for Phillips, de Pury & Luxembourg, 200 wealthy collectors and dealers will gather, anxious to find out the fate of the 41 paintings and sculptures that have been the talk of the art world fo Tonight, in the...

  Tags: Sotheby's, LVMH Inc.

• de Pury & Luxembourg Art to Merge With Phillips

  - 2000-12-17

  Business Editors LONDON--BUSINESS WIRE--Dec. 17, 2000 The fast growing private treaty sale firm de Pury & Luxembourg Art is to merge with Phillips, the international fine art auctioneers, with effect from January 2001. As a result, the business will be renamed Phillips, de Pury & Luxembourg. Simon de...

  Tags: LVMH Inc., Sotheby's

• Arnault tipped for Sotheby's bid

  - 2000-10-18

  SPECULATION THAT Bernard Arnault, chairman of the LVMH luxury goods group, is poised to acquire a controlling interest in Sotheby's auction house was increased yesterday after he hired a senior director "to advise on art-related matters". Michel J Strauss will join LVMH from his current position as co-chairman of Sotheby's...

  Tags: LVMH Inc., Sotheby's

• Bubble Bath.

  - 2000-08-01

  "The '73, the '73," Kadee Robbins murmured as she headed toward the champagne table. Her mantra was echoed by hordes of partygoers when Ginny Bond Donahue and Candace Bushnell invited their friends up to LVMH's Magic Room to uncork Oenoth[grave{e}]que, Dom Perignon's bidden ...

  Tags: LVMH Inc., Sotheby's

• Peace breaks out over Gucci

  - 2000-06-11

  BERNARD Arnault, the French luxury goods tycoon, is close to selling his 20.6 per cent stake in Gucci in a euro 2bn (pounds 1.3bn) deal which could lead to Gucci buying the Giorgio Armani menswear house. The sale, to M Arnault's arch-rival Francois Pinault, will draw a...

  Tags: LVMH Inc., Sotheby's