LVMH which owns luxury brands including Louis Vuitton and Christian Dior posted strong third quarter sales. Bernard Arnoux is the world's richest person with a net worth of $191 billion at the start of 2023. It sounds like the wealthiest man in the world can take a chance on someone like Feral Williams but it also sounds like there's a lot at stake here.
Pharrell Williams was happy to be named the new head of Louis Vuitton’s menswear, but his appointment had fashion industry hopefuls feeling like they never get lucky. Nick Kostov and Jacob Gallagher from the Wall Street Journal explain their scoop.
This episode was produced by Siona Peterous, edited by Jolie Myers, fact-checked by Laura Bullard, engineered by Paul Robert Mounsey, and hosted by Sean Rameswaram.
Transcript at vox.com/todayexplained
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