The first by-product of the LVMH group's last-year acquisition of Princess Yachts takes form in the unveiling of its new 32M Yacht. Incorporating the sensibilities of LVMH's luxury background thanks to brands such as Louis Vuitton, Fendi, Moet and De Beers, the $11 million...

"Arnault’s recipe has been consistent: hire designers who can draw attention and forge a brand identity, pour money into advertising and stores and buy back licenses lest they cheapen the brand." In this comprehensive feature with one of the fashion world's richest and...