Sunday, March 4, 2007

Bernard Arnault & A Hepburn Dress Help Build Kolkata School

Bernard Arnault & A Hepburn Dress Help Build Kolkata School

February 24, 2007

What is the connection between Bernard Arnault, one of the top ten billionaires, Dominique Lapierre the famous author and Audrey Hepburn, the Hollywood actress turned UNICEF ambassador?

Answer: A dress and lots of money used for a charitable purpose. Here's the low-down:

A famous black evening gown worn by Audrey Hepburn immortalised in her 1961 film, Breakfast At Tiffany's, was gifted to Dominique Lapierre, author of City of Joy, by French designer Hubert de Givenchy. The designer have it to Lapierre when the author mentioned he neede funds to rebuild a school destroyed by floods in West Bengal, India

Lapierre subsequently had the dress, an elegant long black shift worn with elbow-length gloves, put up for auction at Christie's in London in December 2006. To his amazement, the dress was bought for a princely sum of $850,000 by Bernard Arnault of Louis Vuitton

The school, Bodhodaya Vidya Mandir, will be one of a series run under the Lapierre Education Initiatives.

Original report here

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Bernard Arnault poised for "Big Brother" Endemol bid

Arnault poised for Endemol bid

By Andrew Edgecliffe-Johnson, Financial Times

February 25 2007

Bernard Arnault, the chairman of LVMH, is understood to be lining up with Endemol’s French management for a bid for the producer of Deal Or No Deal and Big Brother.

Telefónica, the Spanish group which owns 75 per cent of the Amsterdam-listed production company, is preparing to begin a tightly-controlled auction within two weeks, and may allow just two rival groups to compete for Endemol, which is valued at €2.74bn ($3.6bn, £1.8bn).

More from this FT report

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Michel Klein Wins Major Investment Support

Michel Klein Wins Major Investment Support

28 Feb 2007

Mode et Finance, the French holding company in which Bernard Arnault is a key player, has acquired a one third stake in the fashion house of Michel Klein. Joining Mode & Finance, Richard Simonin, one of France’s savviest luxury executives, has personally taken a 7.7% stake in Klein’s business.

More from this Fashion Wire Daily news report

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