LVMH to Open Luxury Hotel in London

While LVMH readies its Rihanna-driven fashion label, the brand is also preparing to beef up its hospitality offerings with a new luxury hotel in London. The forthcoming location will fall under the company's Cheval brand of accommodations, as reported by Business of Fashion. "The future of luxury will not only be in luxury goods, as it's been for many years, but also in luxury experiences, and we want to be in both segments," stated LVMH chief executive officer, Bernard Arnault, to BoF. In addit...