LVMH tightens grip on one of the world’s most exclusive shopping streets

LVMH tightens grip on one of the world’s most exclusive shopping streets

Bernard Arnault is pressing ahead with two major developments on Rodeo Drive in Beverly Hills, tightening his grip on one of the world’s most exclusive retail corridors. Arnault’s luxury conglomerate, LVMH Moët Hennessy Louis Vuitton, is planning a new Tiffany & Co flagship store on the site of the old Luxe Rodeo Drive Hotel, which will be demolished, according to city filings. Just a block away, LVMH has submitted plans for a large new Louis Vu…