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Business News > Mint Authors > Nick Kostov

Nick Kostov

ARTICLES BY NICK KOSTOV

Nicolas Puech gave Eric Freymond, right, control over his fortune. Now he says Freymond turned out to be a con man, even a gangster.

How a handyman’s wife helped an Hermès heir discover he’d lost $15 billion

18 min read . 18 Oct 2025

Giorgio Armani, flanked by Pantaleo Dell’Orco and Roberta Armani, at the Emporio Armani fashion show in Milan last September. (Vittorio Zunino Celotto/Getty Images)

What’s next for Giorgio Armani’s fashion empire?

4 min read . 05 Sept 2025

One year in as Burberry CEO, Schulman is taking a back-to-basics approach to reviving the cachet of a company that once helped define British culture around the world. (Bloomberg)

Burberry got too fancy. This American is taking it back to its British roots.

9 min read . 04 Jul 2025

Formula One F1 - Monaco Grand Prix - Circuit de Monaco, Monaco - May 25, 2025 Prince Albert II of Monaco and Princess Charlene on the podium after the race. (Photo: Reuters)

The prince, his money manager and the corruption scandal rocking Monaco

16 min read . 26 May 2025

The United States flag flies in front of the French luxury fashion house Louis Vuitton store on 5th Avenue in New York City, U.S., (File Photo: Reuters)

Tariffs are challenging the cachet of luxury goods from Europe

5 min read . 25 May 2025

Tariffs would be a blow to Arnault’s empire, whose largest market is the U.S.—equal in size to all of Europe combined. (Image: Reuters)

The French billionaire working his Trump ties to spare his luxury empire

11 min read . 19 Feb 2025

France's President Emmanuel Macron welcomes Britain's Prime Minister Keir Starmer before an informal summit of European leaders to discuss the situation in Ukraine and European security at The Elysee Presidential Palace in Paris on February 17, 2025. (Photo: AFP)

Planned US-Russia talks over Ukraine throw Europe into crisis

3 min read . 18 Feb 2025

François-Henri Pinault, right, with wife Salma Hayek. (AP)

Gucci’s owner lost his patience. What came next was a grand reinvention.

10 min read . 20 Jul 2024

Dior paid a supplier €53 apiece, roughly $57, to assemble a handbag that it sells in stores for €2,600, or about $2,780, according to documents examined as part of the probe. (Bloomberg)

Raids find luxury handbags being made by exploited workers in Italy

5 min read . 02 Jul 2024

Bernard Arnault, billionaire and chairman of LVMH Moet Hennessy Louis Vuitton SE. Photographer: Benjamin Girette/Bloomberg (Bloomberg)

LVMH’s Arnault Rivals Bezos and Musk in Wealth—and in Media Influence

5 min read . 10 Mar 2024

A Louis Vuitton event in Shanghai in December. When the pandemic shut down travel, Chinese consumers shopped for luxury goods at home. (Photo: Getty Images)

LVMH doesn’t have the luxury of pulling back from China

11 min read . 01 Mar 2024

The Onetime Auditor Brought In to Reinvent Gucci

The Onetime Auditor Brought In to Reinvent Gucci

7 min read . 12 Jan 2024

Arnault at Louis Vuitton’s Swiss watchmaking headquarters.

Jean Arnault Has New Goals for Louis Vuitton Watches. Profit Isn’t One of Them.

12 min read . 02 Oct 2023

Bernard Arnault is the world’s second-richest person, according to Bloomberg Billionaires Index. PHOTO: BENJAMIN GIRETTE/BLOOMBERG NEWS

France Probes LVMH CEO Arnault Over Deal With Russian Businessman

1 min read . 01 Oct 2023

Louis Vuitton’s formula for world domination

10 min read . 11 Feb 2023

LVMH looks to renewed china luxury spending for earnings bump

3 min read . 26 Jan 2023

LVMH emerged from the pandemic as Europe’s largest company by market value.

LVMH names new Louis Vuitton CEO, Arnault taps daughter for Dior

4 min read . 17 Jan 2023

Photo: Moncler SpA

The executive who made winter gear high fashion

5 min read . 10 Jan 2023

Alessandro Michele’s flamboyant designs were scooped up by droves of younger shoppers from New York to Beijing, Photo: AFP

Gucci’s creative chief who impressed critics as well as shoppers is leaving

3 min read . 27 Nov 2022

Adidas to sell shoes based on Yeezy designs following break with Kanye West

3 min read . 09 Nov 2022