LVMH CEO Arnault visits South Korea after three years

LVMH Chairman and CEO Bernard Arnault visited Seoul on Monday, marking his first trip to South Korea in three years. He toured Louis Vuitton stores accompanied by his daughter Delphine Arnault.

Arnault visited the Louis Vuitton Visionary Journeys Seoul space at the Shinsegae Department Store main branch. The large exhibition and dining area opened in November last year.

He also stopped by Louis Vuitton stores at Lotte Department Store's main branch and Jamsil branch, where he was joined by Lotte Group Chairman Shin Dong-bin. LVMH controls more than 65 brands across five sectors, including Louis Vuitton, Dior and Tiffany & Co.

The trip comes as South Korea has become a key luxury market in Asia. Arnault is scheduled to depart for Japan on Tuesday.

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Donald Trump Jr. arrives at Incheon Airport in South Korea for a business trip, greeted by officials.
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Donald Trump Jr. visits South Korea for four-day business trip

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Donald Trump Jr., eldest son of U.S. President Donald Trump, arrived in South Korea on Tuesday for a four-day business trip, sources familiar with the matter said. The visit marks his second trip to the country since his father's second term began last year. It occurs amid ongoing bilateral issues between Seoul and Washington.

LVMH Chairman and CEO Bernard Arnault is expected to visit South Korea next week for the first time in three years.

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Bernard Arnault, chair and CEO of LVMH, spoke at the company's annual general meeting in Paris on Thursday, highlighting the Middle East crisis's drag on sales, strong reception for Dior's new designs, and his succession plans. Amid a 25% drop in share price this year, Arnault expressed confidence in the luxury group's future and revealed his family's stake exceeds 50%. He dismissed rumors of selling the La Samaritaine department store.

South Korean President Lee Jae Myung will hold summit talks with French President Emmanuel Macron in Seoul on Friday. The discussions aim to strengthen cooperation in advanced technologies, energy and international issues, upgrading their 2004 comprehensive partnership to a global strategic one. The visit marks the 140th anniversary of diplomatic ties.

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President Lee Jae Myung is set to hold a bilateral summit on Wednesday with Vietnam's top leader To Lam in Hanoi. Discussions will focus on strengthening economic ties and supply chain coordination amid global uncertainties. Lee's state visit marks the first by a foreign leader since To Lam was elected state president earlier this month.

President Lee Jae Myung departed from Seoul on Sunday, March 1, for a two-nation swing to Singapore and the Philippines to expand cooperation with the Southeast Asian nations. The visit focuses on boosting trade, investment, infrastructure, and collaboration in sectors like artificial intelligence and nuclear energy. Cheong Wa Dae hopes the trip will enhance coordination with key Association of Southeast Asian Nations members and foster deeper ties with the regional bloc.

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The seventh edition of LVMH Watch Week took place in Milan, where nine LVMH watchmaking houses unveiled 13 innovative timepieces. Brands including Bvlgari, Hublot and Zenith presented creations ranging from ultra-thin dress watches to complex tourbillons. The event highlighted creative advancements while honoring each maison's heritage.

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