Bernard Arnault, LVMH Moët Hennessy Louis Vuitton CEO Holds A Press Conference For The Reopening Of Samaritaine Department Store

PARIS, FRANCE - JUNE 21: Head of French multinational corporation LVMH Bernard Arnault (C) and his wife Helene (2R), pose with their children (from L-R) Frederic Arnault, Delphine Arnault, Antoine Arnault and Alexandre Arnault after the ceremony marking Paris' Iconic department store 'La Samaritaine' reopening after 16 years of closure on June 21, 2021 in Paris, France. The department store was founded in 1870 by Ernest Cognacq and closed in 2005. The building, a Parisian masterpiece of Art Nouveau, is at the center of an ambitious renovation project. After 16 years of closure the building owned by LVMH, a luxury-goods maker, which was to reopen last April, is inaugurated June 21, 2021, due to the health crisis. On a surface of 20,000 m² it will combine a 5-star Cheval Blanc hotel designed by Peter Marino, ultra modern offices, housing units and shops. (Photo by Chesnot/Getty Images)