Rumor: Louis Vuitton Is At Bat for Beverly Hills Cheval Blanc Property

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Rumor: Louis Vuitton Is At Bat for Beverly Hills Cheval Blanc Property

WWD shared the unconfirmed rumor that Louis Vuitton hopes to take over the defeated proposal for a 109-key Cheval Blanc hotel on the 50,000 sq foot property on Rodeo Drive in Beverly Hills.

LVMH thought they had a deal going last spring for the Cheval Blanc in Beverly Hills. AOC knew LVMH had the wrong team negotiating on their behalf, long before we wrote the end of the very close vote story.

Weekend Paris Protests at New Louis Vuitton Hotel Site

The circumstances of the 2023 Cheval Blanc Beverly Hills no-vote is even more relevant today, after protesters took over the Paris construction site of the new Louis Vuitton hotel and store in Paris this weekend.

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Extinction Rebellion Activists Protest at Fondation Louis Vuitton in Paris

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Extinction Rebellion Activists Protest at Fondation Louis Vuitton in Paris

Extinction Rebellion France attacked the Fondation Louis Vuitton as a “a cultural and philanthropic and most of all fiscal tool" of the LVMH Moët Hennessy Louis Vuitton group.

Defending their protest, the organization pointed to the failure of major corporations to take action on climate change, writing:

"That's why we demand that corporations take their responsibilities and act in the fight against global warming, and that the government put in place the Citizen Convention for Climate which proposed among other things the impact of greenhouse gas emissions of companies, reinforcing their obligations in the face of environmental demands and condition their financing to green criteria.”

The organization pointed out that current emission levels of companies listed on the CAC40 index would lead to a 3.5 degree Celsius increase in temperatures by 2100.

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French Protesters Storm LVMH Paris Offices, Opposing Macron's Pension Reform

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French Protesters Storm LVMH Paris Offices, Opposing Macron's Pension Reform

The protests against French President Emmanuel Macron’s pension overhaul escalated Thursday as a crowd of men waving flares and banners stormed the headquarters of luxury conglomerate LVMH Moët Hennessy Louis Vuitton SE.

The Wall Street Journal described the event [free AOC ink] as a moment in which the weekly protests “morphed into a populist rebuke of France’s establishment”.

The central issue is the intention of Macron’s government to raise the age of retirement from 62 to 64 by 2030. The French prime minister used his constitutional powers to take the action without a vote.

Representatives of LVMH said the protesters did not stay long, after forcing their way through the Avenue Montaigne entrance of the luxury group’s headquarters and taking an escalator to the reception area leading to LVMH corporate officers, including Bernard Arnault. There is no confirmation that Mr. Arnault was on the premises.

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