Alexandre Arnault (pictured) will become deputy chief executive of Moët Hennessy, the drinks arm of conglomerate LVMH.

The FTSE 100 closed up 40.86 points at 8071.19.Among the firms with updates today are Burberry, United Utilities, Young's, ...

PARIS, Nov 14 - LVMH (LVMH.PA), opens new tab Chairman and CEO Bernard Arnault's five children have been moving up the ranks of the luxury empire. All of them hold top management roles in the company.

Troubled British fashion house Burberry on Thursday announced cost-cutting plans after posting a loss, with the global luxury ...