Lauren ShermanAugust 7, 2023
Bernard Arnault’s Bergdorf Envy
Bernard Arnault’s interest in multi-brand retail—what we used to just call department stores—dates back at least to his acquisition of Paris’s Le Bon Marché.
Conversations between LVMH and Neiman Marcus Group may be heating up again as the French billionaire plots his conquest of Fifth Avenue. But can the Goodman family give Arnault what he actually wants?