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Angelina Rascouet

Stay informed with Angelina Rascouet’s coverage and analysis.

Chief Executive Officer of LVMH, Bernard Arnault.
Retail
LVMH billionaire Bernard Arnault enters race to acquire Venice’s iconic Hotel Bauer—with bids rising over €275 million
By Laura Benitez, Angelina Rascouet, Libby Cherry and BloombergJuly 1, 2024
Nicolas Hieronimus, CEO of L'Oreal SA.
Finance
CEO of cosmetics giant L’Oreal announces slower growth as Chinese market flatlines
By Angelina Rascouet, Michael Msika and BloombergJune 28, 2024
Models walk the runway at the Burberry show during London Fashion Week February 2024
Retail
Burberry follows Gucci-owner Kering on downward sales trend as consumers snub mid-priced luxury fashion
By Angelina Rascouet and BloombergMay 15, 2024
French fashion brand Hermes store seen at Hong Kong airport.
Retail
Hermes emerges as the outlier with strong China sales, while the rest of luxury bleeds from the lack of shoppers
By Angelina Rascouet and BloombergApril 25, 2024
The Gucci luxury clothing boutique, operated by Kering SA, on Avenue Montaigne in central Paris, France
Retail
Gucci owner Kering struggles to revive the luxury fashion house, shares slip after it issued its second profit warning for 2024—and this time, it’s pretty bad
By Angelina Rascouet and BloombergApril 24, 2024
Via Monte Napoleone, known as one of the most expensive streets in the world, has an impressive roster of top-end fashion, jewelry and footwear sales locations.
Retail
Gucci owner Kering splurges $1.4 billion on new Milan store, making it Italy’s most expensive building
By Angelina Rascouet, Antonio Vanuzzo and BloombergApril 4, 2024
LVMH’s Belloni signs off after 23 years as second-in-command, amidst the luxury group’s reshuffle and longstanding succession suspense
Retail
LVMH’s Belloni signs off after 23 years as second-in-command, amidst the luxury group’s reshuffle and longstanding succession suspense
By Angelina Rascouet and BloombergMarch 22, 2024
Arnault family
Success
French ‘Succession’ intrigue deepens as source says Bernard Arnault plans to nominate 2 more millennial sons to LVMH board
By Angelina Rascouet and BloombergJanuary 23, 2024
Antoine Arnault and his wife Russian model Natalia Vodianova
Leadership
LVMH family succession drama heats up as Bernard Arnault’s eldest son Antoine steps down as CEO of Berluti
By Angelina Rascouet and BloombergNovember 22, 2023
Paris
Politics
Rich yanks cancel Paris trip plans amid ‘worry that many people abroad are not just anti-Jewish but also anti-American’
By Angelina Rascouet and BloombergNovember 18, 2023
Champagne producers helped by ‘revenge pleasure’ after the pandemic are now being hurt by ‘a lot of inflation’
Lifestyle
Champagne producers helped by ‘revenge pleasure’ after the pandemic are now being hurt by ‘a lot of inflation’
By Angelina Rascouet and BloombergSeptember 17, 2023
Luxury fashion house Balmain—which counts Beyoncé as a fan—just had more than 50 pieces stolen in a delivery truck hijacking
Europe
Luxury fashion house Balmain—which counts Beyoncé as a fan—just had more than 50 pieces stolen in a delivery truck hijacking
By Angelina Rascouet and BloombergSeptember 17, 2023
Bernard Arnault spent $230 million on LVMH shares after disappointing earnings hit stock
Europe
Bernard Arnault spent $230 million on LVMH shares after disappointing earnings hit stock
By Angelina Rascouet, Valentine Baldassari and BloombergSeptember 8, 2023
Bernard Arnault’s LVMH will pay $166m to sponsor the 2024 Summer Olympics in Paris—and provide Chaumet medals and Moet Hennessy wine
Finance
Bernard Arnault’s LVMH will pay $166m to sponsor the 2024 Summer Olympics in Paris—and provide Chaumet medals and Moet Hennessy wine
By Angelina Rascouet, Albertina Torsoli and BloombergJuly 25, 2023
Gucci CEO Marco Bizzarri
Europe
A new chapter for Gucci: Kering shares surge as CEO Marco Bizzarri departs, paving the way for Jean-Francois Palus
By Angelina Rascouet and BloombergJuly 19, 2023
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