This is Zack Fuss, an investor at Irenic Capital Management. Today we’re breaking down the world’s largest luxury business, LVMH. The LVMH story is deeply reflective of the vision of its 73 year-old founder and architect, Bernard Arnault. Today, the business generates €75 billion in sales across its 75 brands and 3 sector focuses. With a market cap of €350 b ... Show More
May 29
Toast: Sticky SaaS - [Business Breakdowns, EP.247]
Today, we are breaking down Toast, a name we have covered before but are revisiting because the story has changed enough to be worth telling again. Most listeners will have tapped a Toast terminal without thinking much about the business behind it. Our guest is Sean Barrett, foun ... Show More
49m 24s
May 15
Auto1: EU-sed Car Marketplace - [Business Breakdowns, EP.246]
Today, we are breaking down Auto1, and this is an interesting episode because we are tackling a business that most US listeners will not be familiar with, even though it resembles names they already know well. Our guest is Harrison Moot, co-founder and CIO of Sandstone, who walks ... Show More
1h 5m
May 8
Opendoor: Q1 2026 Earnings - [Business Breakdowns, EP.245]
Today, we are breaking down Opendoor, and this is a unique episode. We recorded with Kaz Nejatian, the CEO of Opendoor, shortly after the company reported its first quarter 2026 earnings, and we covered both what is happening inside the business right now and how he is thinking a ... Show More
25m 34s
Oct 2023
Bernard Arnault: The wolf in cashmere
The rise and rise of the French entrepreneur who vies with Elon Musk for the title of richest person in the world. Bernard Arnault is the head of luxury brand conglomerate LVMH, a house of brands that owns Givenchy, Louis Vuitton, Moet, Hennessey, Christian Dior, Sephora, Tiffany ... Show More
43m 27s
Apr 2025
185 - Making $250M/Day Selling Bags, Watches, and Perfume | Bernard Arnault, LVMH
Get JD's new playbook Social Media Selling Machine here. Today, Jon talks about Bernard Arnault, chairman of LVMH. Find out how he went from being a real estate developer to building the world's largest luxury empire behind brands like Dior and Louis Vuitton.Subscribe to JD's new ... Show More
14m 38s
Jul 2024
TIP645: The King of Luxury: Bernard Arnault & LVMH w/ Christian Billinger
On today’s episode, Clay is joined by Christian Billinger to discuss Bernard Arnault, LVMH, and the broader luxury industry. Christian is chairman of Billinger Förvaltnings AB, which invests in publicly listed equities. The firm seeks to generate attractive long-term total return ... Show More
58m 35s
Jul 2022
Gucci vs Louis Vuitton | The Wolf in Cashmere | 2
Now merged with luxury drinks company Moët Hennessy, Louis Vuitton finds itself being squeezed out, overpowered in the merger. In an attempt to regain control, Louis Vuitton’s CEO forms an alliance with Bernard Arnault, one of France’s most ambitious businessmen. Louis Vuitton ho ... Show More
39m 37s
Jul 2024
TIP643: The Luxury Strategy w/ Christian Billinger
On today’s episode, Clay is joined by Christian Billinger to discuss The Luxury Strategy by Kapferer and Bastien. Over the past 20 years, some of the best performing companies in the stock market have come from the luxury sector. For example Hermes and LVMH, which are both compan ... Show More
1h 1m
<p>How the 75-year-old luxury house tripled its revenue in just four years, according to BoF luxury editor Robert Williams. </p><br><p><strong>Background: </strong></p><br><p>In 1947, months after being founded, Christian Dior Couture revolutionised dressing with its “N ... Show More
