(Bloomberg) -- LVMH appointed new divisional leaders in a reshuffle that returns one of billionaire founder Bernard Arnault’s sons to the luxury conglomerate’s Paris headquarters from New York ...

LVMH owns iconic brands such as Louis Vuitton ... is one of the most famous cognac brands in the world. The brand's headquarters are in Cognac, France, about a five-hour drive from Paris.

Jean Arnault, director of Louis Vuitton’s watch division, has to contend with a tough luxury market and stubborn young ...

With the most to lose, luxury brands, including Bulgari, Cartier and Tiffany (now an LVMH brand), stood firmly behind that barrier and held only natural diamonds were luxury. But now the walls ...