Spotlight | France
Paris mayors fear being usurped by LVMH & co. in capital's chic districts

Bernard Arnault and Marc-Antoine Jamet, respectively CEO and secretary-general of LVMH.
Bernard Arnault and Marc-Antoine Jamet, respectively CEO and secretary-general of LVMH. © Studio Pachamama
The four committees that promote the luxury hubs of the French capital (the Champs-Élysées, Montaigne, Vendôme and Saint-Honoré) are planning to coordinate their activities more closely. It's a worrying development for the mayors of the neighbourhoods concerned, who fear being superseded by an alliance of brands with deep pockets. [...]
Reading time 3 minutes Zélie de Crécy, Noëmie Leclercq, Philippe Vasset

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