{"id":167203,"date":"2025-05-26T07:00:23","date_gmt":"2025-05-26T05:00:23","guid":{"rendered":"https:\/\/luxus-plus.com\/?p=167203"},"modified":"2025-10-12T18:14:45","modified_gmt":"2025-10-12T16:14:45","slug":"senate-inquiry-committee-bernard-arnault-refuses-any-interference-in-us-relocation","status":"publish","type":"post","link":"https:\/\/luxus-plus.com\/en\/senate-inquiry-committee-bernard-arnault-refuses-any-interference-in-us-relocation\/","title":{"rendered":"Senate Inquiry Committee: Bernard Arnault refuses any interference in US relocation <img class=paid src=\/paid.png>"},"content":{"rendered":"<h4>When questioned about Emmanuel Macron&#8217;s call for economic patriotism in response to US tariffs, the CEO of LVMH strongly distanced himself from his counterpart at Kering, Fran\u00e7ois-Henri Pinault. While the latter ruled out manufacturing his Gucci bags in the United States, Bernard Arnault made no promises. He urged Europe to negotiate better with Donald Trump to avoid a \u201ccatastrophe.\u201d<\/h4>\n<p><!--more--><\/p>\n<p>&nbsp;<\/p>\n<p><b>LVMH<\/b> is not <b>Kering<\/b>; <b>Bernard Arnault<\/b> does not think like <b>Fran\u00e7ois-Henri Pinault<\/b>, and vice versa&#8230;<\/p>\n<p>&nbsp;<\/p>\n<p>The relatively frosty relations between the two French luxury groups are well known.<\/p>\n<p>&nbsp;<\/p>\n<p>In 1999, Bernard Arnault was not pleased to see Gucci snapped up by the PPR (Pinault-Printemps-la Redoute) group, founded and headed by Fran\u00e7ois-Pinault, which at the time was focused on mass market distribution.<\/p>\n<p>&nbsp;<\/p>\n<h2>A long-standing rivalry<\/h2>\n<p>&nbsp;<\/p>\n<p>But we know how the story unfolded, and PPR, since renamed Kering and now headed by Fran\u00e7ois-Henri Pinault, the founder&#8217;s son, has transformed itself into a pure-play luxury goods company. Today, it is facing well-known difficulties in reviving its former gem, Gucci.<\/p>\n<p><span style=\"font-weight: 400;\"><\/span><\/p>\n<p><span style=\"font-weight: 400;\"><\/span><\/p>\n<p><span style=\"font-weight: 400;\">\t\t<section data-elementor-type=\"section\" data-elementor-id=\"113401\" class=\"elementor elementor-113401 elementor-101048\" data-elementor-post-type=\"elementor_library\">\n\t\t\t<div class=\"elementor-element elementor-element-6ff873b e-flex e-con-boxed e-con e-parent\" data-id=\"6ff873b\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;gradient&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-c7d49f1 e-con-full e-flex e-con e-child\" data-id=\"c7d49f1\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7c73fc5 elementor-widget elementor-widget-spacer\" data-id=\"7c73fc5\" 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active member of the community of luxury leaders.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7cccfb5 elementor-widget elementor-widget-image\" data-id=\"7cccfb5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1280\" height=\"680\" src=\"https:\/\/luxus-plus.com\/wp-content\/uploads\/2024\/04\/luxus-abonnement-papier.webp\" class=\"attachment-full size-full wp-image-137641\" alt=\"\" srcset=\"https:\/\/luxus-plus.com\/wp-content\/uploads\/2024\/04\/luxus-abonnement-papier.webp 1280w, https:\/\/luxus-plus.com\/wp-content\/uploads\/2024\/04\/luxus-abonnement-papier-300x159.webp 300w, https:\/\/luxus-plus.com\/wp-content\/uploads\/2024\/04\/luxus-abonnement-papier-1024x544.webp 1024w, https:\/\/luxus-plus.com\/wp-content\/uploads\/2024\/04\/luxus-abonnement-papier-768x408.webp 768w, https:\/\/luxus-plus.com\/wp-content\/uploads\/2024\/04\/luxus-abonnement-papier-480x255.webp 480w, https:\/\/luxus-plus.com\/wp-content\/uploads\/2024\/04\/luxus-abonnement-papier-750x398.webp 750w\" sizes=\"(max-width: 1280px) 100vw, 1280px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/section>\n\t\t<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><\/span><\/p>\n<p>&nbsp;<\/p>\n<p>Read also &gt; <a href=\"https:\/\/luxus-plus.com\/en\/kering-faced-with-us-trade-pressure-the-group-rules-out-any-relocation-plans\/\">Kering: Faced with US trade pressure, the group rules out any relocation plans<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>Featured photo: \u00a9 Public S\u00e9nat<\/p>\n","protected":false},"excerpt":{"rendered":"<p>When questioned about Emmanuel Macron&#8217;s call for economic patriotism in response to US tariffs, the CEO of LVMH strongly distanced himself from his counterpart at Kering, Fran\u00e7ois-Henri Pinault. While the latter ruled out manufacturing his Gucci bags in the United States, Bernard Arnault made no promises. He urged Europe to negotiate better with Donald Trump to avoid a \u201ccatastrophe.\u201d<\/p>\n","protected":false},"author":457,"featured_media":167200,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_titles_title":"%%post_title%% %%sep%% %%sitetitle%%","_seopress_titles_desc":"The latest CEO to be questioned by the commission of inquiry into public aid to large companies, Bernard Arnault strongly distanced himself from Fran\u00e7ois-Henri Pinault (Kering) on the issue of relocation to the United States.","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"none","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"both","_seopress_redirections_param":"","_seopress_redirections_type":301,"_seopress_analysis_target_kw":"","footnotes":""},"categories":[1964],"tags":[23653,23836,24124,23434,24004,22394,23171,23007,22970],"class_list":["post-167203","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brand-strategy","tag-abonnes-en","tag-bernard-arnault-en","tag-donald-trump-en","tag-duty-free-en","tag-etats-unis-en","tag-focus-en","tag-france-en","tag-khol-en","tag-lvmh-en"],"_links":{"self":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts\/167203","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/users\/457"}],"replies":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/comments?post=167203"}],"version-history":[{"count":0,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts\/167203\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/media\/167200"}],"wp:attachment":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/media?parent=167203"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/categories?post=167203"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/tags?post=167203"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}