The deal highlights the luxury industry's rapid expansion into the experience economy as wealthy consumers increase spending ...

CNBC's Robert Frank joins 'Squawk on the Street' to discuss a new investment from LVMH in private jet company Flexjet.

Private jet flight provider Flexjet said on Monday it had raised $800 million in a funding round led by L Catterton, a ...

The investment, the largest of its type in private aviation history, doesn't make Flexjet part of the LVMH family. But it ...

LVMH affiliate provides Flexjet with private aviation’s ‘largest ever’ equity investment A consortium of investors led by L ...

Two of the world's 10 richest men will be squaring off in the battle for UHNW private jet clients. Bernard Arnault via Flexjet will be competing against Warren Buffett's NetJets.

LVMH-Led Consortium Invests $800M In Flexjet is published in The Weekly of Business Aviation, an Aviation Week Intelligence ...

Biggest rival to NetJets valued at $4bn in $800mn round as it seeks to tap booming demand from young super-rich ...

LVMH-owned Loro Piana becomes fifth Italian brand facing judicial oversight amid crackdown on exploitation of illegal workers ...

Cashmere king Loro Piana, part of LVMH’s luxury empire, became on Monday the fifth high-end brand to be put under judicial ...

The appointment, set to bolster the group’s presence in North and South America, reflects LVMH’s ambition to further invest ...