LVMH to Buy Belmond Hotel Group for $2.6 Billion

The acquisition is one of Bernard Arnault’s biggest and comes as consumers shift spending toward trips, health clubs, restaurants and entertainment and interest in shopping malls dwindles.

Jun 5, 2025 - 17:50
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LVMH to Buy Belmond Hotel Group for $2.6 Billion
The acquisition is one of Bernard Arnault’s biggest and comes as consumers shift spending toward trips, health clubs, restaurants and entertainment and interest in shopping malls dwindles.