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One of the two priority divisions of the Lagardère group, Lagardère Travel Retail is a global leader in the Travel Retail industry, harnessing its pioneering culture to make travel more enjoyable with bespoke offers and experiences. Investing our world-class global expertise and local knowledge to bring tailor-made offers and experiences to life that benefit landlords, brands and travelers alike. We operate 5,120 stores across Travel Essentials, Duty Free & Fashion and Foodservice in airports, railway stations and other concessions in 42 countries. In 2023, we generated €6.6bn in sales (managed 100%).

Organization

Division : Lagardère Travel Retail

4-10 avenue André Malraux 92300 Levallois-Perret Cedex

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4 AV ANDRE MALRAUX

92300 LEVALLOIS-PERRET

LAGARDERE TRAVEL RETAIL FRANCE

Société :  542 095 336 Active

• Dernière mise à jour le :  22-03-2024
• Dernière mise à jour INSEE : 22-03-2024
• Dernière mise à jour RCS : 13-03-2024
• Entreprise mise à jour le :  22-03-2024
• Identité d'entreprise
• Actes publiés

Identité de l'entreprise

Mentions lagardere travel retail france pour contrat.

LAGARDERE TRAVEL RETAIL FRANCE , société en nom collectif, au capital social de 18060980,00 EURO , dont le siège social est situé au 4 AV ANDRE MALRAUX , 92300 LEVALLOIS-PERRET, immatriculée au Registre du Commerce et des Sociétés de Nanterre sous le numéro 542095336 représentée par M Vincent ROMET agissant et ayant les pouvoirs nécessaires en tant que gérant non associé.

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Présentation de la société LAGARDERE TRAVEL RETAIL FRANCE

LAGARDERE TRAVEL RETAIL FRANCE , société en nom collectif, immatriculée sous le SIREN 542095336, est en activité depuis 69 ans. Établie à LEVALLOIS-PERRET (92300), elle est spécialisée dans le secteur d'activité du commerce de détail de journaux et papeterie en magasin spécialisé. Son effectif est compris entre 500 et 999 salariés. Sur l'année 2022 elle réalise un chiffre d'affaires de 895441900,00 EU . Le total du bilan a augmenté de 30,83 % entre 2021 et 2022. Societe.com recense 1730  établissements  ainsi que 7 mandataires depuis le début de son activité, le dernier événement notable de cette entreprise date du 29-10-2021. Vincent ROMET est gérant non associé, l'entreprise AEROBOUTIQUE FRANCE , représentée par Vincent ROMET, et l'entreprise LAGARDERE TRAVEL RETAIL , représentée par Dag RASMUSSEN, sont associés de la société LAGARDERE TRAVEL RETAIL FRANCE.

Télécharger l'extrait Societe.com Télécharger le rapport complet

Renseignements juridiques

Historique Voir l'historique expand_more

Du 25-07-2017

à aujourd'hui

6 ans, 9 mois et 9 jours

Du 10-02-2017

au 25-07-2017

5 mois et 14 jours

Du 08-04-2008

au 10-02-2017

8 ans, 10 mois et 5 jours

Du 09-12-2003

au 08-04-2008

4 ans, 4 mois et 1 jour

Du 31-12-2016

7 ans, 4 mois et 2 jours

Du 31-12-2015

au 31-12-2016

1 an et 2 jours

Du 01-01-2008

au 31-12-2015

8 ans et 1 jour

Du 25-12-2003

au 01-01-2008

4 ans et 9 jours

Du 26-10-2021

2 ans, 6 mois et 8 jours

Du 01-01-1900

au 26-10-2021

8 mois et 18 jours

20 ans, 4 mois et 24 jours

Voir informations avancées Voir plus d'informations expand_more

Score extra-financier de la société LAGARDERE TRAVEL RETAIL FRANCE

Le score extra-financier évalue sur une année la performance d'une entreprise en matière sociale, fiscale et territoriale.

Score de 2021

Le score territorial valorise les entreprises implantées dans des territoires économiquement défavorisés.

Le score social représente la capacité de l'entreprise à créer de l'emploi sur le territoire national à partir de sa valeur générée.

Le score fiscal représente la capacité de l'entreprise à reverser de la fiscalité aux territoires à partir de sa valeur générée.

Les 6 dirigeants de la société LAGARDERE TRAVEL RETAIL FRANCE

Dirigeants mandataires de lagardere travel retail france :, mandataires de type : gérant non associé, mandataires de type : associé.

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Accédez aux réseaux complets de l'entreprise  LAGARDERE TRAVEL RETAIL FRANCE , parmi les 10 millions d'entreprises et les plus de 9 millions de dirigeants présents sur Société.com.

Entreprises dirigées par LAGARDERE TRAVEL RETAIL FRANCE

Depuis le 13-07-2022

MUSIC RAILWAY

SIREN : 414434431

Voir la fiche

Depuis le 29-04-2023

SIREN : 800293664

Depuis le 05-05-2023

SIREN : 811857200

La tenue du registre des bénéficiaires effectifs a été renforcé par la directive (UE) 2018/843 du Parlement européen et du Conseil du 30/05/2018 relative à la prévention de l'utilisation du système financier aux fins du blanchiment de capitaux ou du financement du terrorisme. Elle a été transposée en droit français et décrit le bénéficiaire effectif comme étant est la ou les personnes physiques : soit qui contrôlent en dernier lieu, directement ou indirectement, le client ; soit pour laquelle une opération est exécutée ou une activité exercée. Il s'agit donc de toute personne physique qui soit possède, directement ou indirectement, plus de 25% du capital ou des droits de vote de la société ou entité déclarante, soit exerce sur cette dernière, par tout autre moyen, un pouvoir de contrôle. En l'absence de bénéficiaire effectif, le représentant légal est le bénéficiaire effectif par défaut.

Entreprises liées à LAGARDERE TRAVEL RETAIL FRANCE

LAGARDERE TRAVEL RETAIL

Cité 13 fois entre 1993 et 2021

Dirigeants et bénéficiaires effectifs  : Dag RASMUSSEN , MAZARS , DAG INGE RASMUSSEN et 12 autres

MEDICOM SANTE

Cité 13 fois entre 2007 et 2023

Dirigeants : Benoit VERDIER , Pierre-jean CHALVIDAN et 4 autres

Cité 12 fois entre 2008 et 2023

Dirigeants : Benoit VERDIER , LAGARDERE TRAVEL RETAIL FRANCE , SOCIETE DE RESTAURATION EN LIEUX DE TRANSPORT , DELOITTE ASSOCIES et 10 autres

Cité 12 fois entre 2001 et 2021

Dirigeants : Matthieu MERCIER , Matthieu MERCIER et 2 autres

Cité 10 fois entre 2015 et 2023

Dirigeants : Benoit VERDIER , LAGARDERE TRAVEL RETAIL FRANCE , SOCIETE DE RESTAURATION EN LIEUX DE TRANSPORT et 2 autres

Cité 9 fois entre 2014 et 2023

Dirigeants : Benoit VERDIER , LAGARDERE TRAVEL RETAIL FRANCE , SOCIETE DE RESTAURATION EN LIEUX DE TRANSPORT , MAZARS , Matthieu MERCIER et 3 autres

Cité 8 fois entre 2009 et 2021

Dirigeants : DELOITTE ASSOCIES , MAZARS ET GUERARD , BEAS , Thierry COLIN , Vincent ROMET et 10 autres

MONTESQUIEU PARTICIPATIONS

Cité 7 fois entre 2015 et 2019

Dirigeants : Bruno VERGE , Bruno VERGE , Marie BURGUBURU , Jerome DE VIENNE , Thierry DURAND et 34 autres

AEROBOUTIQUE FRANCE

Cité 6 fois entre 2019 et 2021

Dirigeants : Vincent ROMET , DUTY FREE ASSOCIATES , LAGARDERE DUTY FREE , DELOITTE ASSOCIES et 2 autres

Cité 6 fois entre 2002 et 2017

Dirigeants : Pierre LEROY , MAZARS , Simon BEILLEVAIRE , PIERRE LEON RAYMOND LEROY et 1 autre

Cité 5 fois entre 2003 et 2009

Dirigeant : Jean-Francois GAUTIER

Cité 4 fois entre 2002 et 2013

Dirigeants : Muriel MELGRANI , MURIEL MELGRANI

SOCIETE GASTRONOMIE ET CONFISERIES

Cité 4 fois entre 2008 et 2014

Dirigeant : Edouard HENNEBERT

EXTIME TRAVEL ESSENTIALS PARIS

Cité 3 fois entre 2011 et 2022

Dirigeants : Matthieu DAUBERT , Assia DAHMANI , DELOITTE ASSOCIES , MAZARS , Assia DAHMANI et 10 autres

Cité 3 fois entre 2020 et 2021

Dirigeants : Bruno VERGE , Emmanuelle FILIBERTI , MONTESQUIEU PARTICIPATIONS , Dominique AUBURTIN , Alain BENABENT et 28 autres

S.G.E.C. VILLE

Cité 2 fois entre 1997 et 2002

Dirigeant : SA FELIX

HDS DIGITAL

Cité 2 fois en 2008

Dirigeants : ERNST YOUNG et Autres , AUDITEX , DEG-LNGE RASMUSSEN , MATTHIEU Joseph Marie MERCIER et 8 autres

Cité 1 fois en 2001

PELICAN ROUGE COFFEE SOLUTIONS NORD SAS

Cité 1 fois en 2009

Dirigeants : PELICAN ROUGE HOLDING SAS , PRICEWATERHOUSECOOPERS AUDIT , Christian PERRIER et 6 autres

Cité 1 fois en 2002

Dirigeants : PRICEWATERHOUSECOOPERS AUDIT , Jean-Christophe GEORGHIOU

LUDIK PRESS

Cité 1 fois en 1995

MICHEL FONTAINE EDITEUR

Cité 1 fois en 2008

Dirigeant : Henri CAPLANE

Cité 1 fois en 2016

Dirigeants : Brigitte NADOT , OLIVIER NADOT , BRIGITTE NADOT

Voir les 17 entreprises suivantes

Actes publiés par ADVERLINE

Acte du 02/10/2017

MediaPost a été mentionné 4 fois

Extrait de procès-verbal - Changement de président

Acte du 02/10/2017 MediaPost a été mentionné 4 fois

Documents officiels de l'entreprise

Trouver des prospects, des clients b2b.

Prospectez les entreprises du même secteur d'activité et dans le même secteur géographique que la société LAGARDERE TRAVEL RETAIL FRANCE :

Prospectez les entreprises de Commerce de détail de journaux et papeterie en magasin spécialisé de Hauts-de-Seine (92)

Prospectez les entreprises de Commerce de détail, à l'exception des automobiles et des motocycles de Hauts-de-Seine (92)

Voir les 451 sociétés du même secteur chevron_right

Chiffres clés de LAGARDERE TRAVEL RETAIL FRANCE

Les 32 annonces d'évènements parues.

Voir tous les documents officiels

Synthèse societe.com pour l'entreprise LAGARDERE TRAVEL RETAIL FRANCE

Equilibre Bilan

Défavorable

Rentabilité

Notamment les éléments suivants :

Articles sur LAGARDERE TRAVEL RETAIL FRANCE

Publié le 22/11/2023 à 11:41:55

Vivendi a pris le contrôle de Lagardère : quelles conséquences ?

1730 établissements de la société lagardere travel retail france, cofec - relay, relay store, relay shop, relay web, relay international  - 92300 actif.

Adresse :  4 AV ANDRE MALRAUX - 92300 LEVALLOIS-PERRET

TB QUAI A PARIS LYON  - 75012 Fermé

Adresse :  20 BD DIDEROT - 75012 PARIS

©2024 SOCIETE SAS - Reproduction interdite - Sources privées, INPI, INSEE, Service privé distinct du RNCS

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• Regional News
• International

Lagardère Travel Retail records ‘historic’ 23.4% yoy revenue hike to €5bn in 2023

By Faye Bartle | Wednesday, 28 February 2024 14:16

Lagardère Travel Retail’s Future is Local concept at Prague Václav Havel Airport.

Lagardère Travel Retail has reported a ‘historic year’ for business performance in 2023, with year-on-year revenue up 23.4% like for like (27.8% as reported) at €5,018 million.

The Full-Year 2023 results highlight the sharp rebound in traffic in EMEA as a key driver that has  helped the division to achieve ‘record-high’ recurring EBIT of €245 million – a €109m uplift versus 2022.

Furthermore, the results mark a record profitability of 4.9%, which is credited to ‘improved activity across all geographies’, among other factors.

Dynamic mergers and acquisitions (M&A) activity was also cited as a key contributor, with Lagardère TR’s acquisition of Marché International, Costa Coffee Polska (Poland) and Costa Nation (Latvia) in February 2023.

This is in addition to the acquisition of North American foodservice operator Tastes on the Fly in November 2023.

Duty free and fashion came out on top, however, with the year’s revenue breakdown by activity split as follows: duty free & fashion (38%), travel essentials (35%) and foodservice (27%).

Source: Lagardère Full-Year 2023 Results, released 27 February 2024.

“I am thrilled to share that 2023 has been a great year for Lagardère Travel Retail, with a remarkable 28% sales increase vs 2022, and all KPIs at all-time record levels. I’d like to warmly thank our fantastic teams for this exceptional achievement,” commented Lagardère TR Chairman & CEO of Dag Rasmussen, in a LinkedIn post.

“Our magic sauce? Being all aligned on our strategy, a strong focus on innovation for enhanced passenger experiences, a reinforced commitment to PEPS – our CSR program – continued investments in our people and communities and a strong focus on operational excellence and efficiency.”

Rasmussen also revealed a positive outlook for 2024, referencing his confidence in the success of the travel retail industry in general, and the company’s continued commitment to “sustainable growth, innovation, and delivering unparalleled experiences for travellers worldwide”.

Dag Rasmussen, Chairman and Chief Executive Officer, Lagardère Travel Retail.

Along with Lagardère Publishing, the travel retail division’s achievements were flagged as driving robust growth for the overall Group, which saw record high revenue growth totalling €8,081 million – up 14% yoy on a like-for-like basis.

The group also posted higher recurring EBIT, totalling €520 million – a sharp €82 million improvement on the €438 million achieved in 2022.

Strong traffic rebound in EMEA drives record revenue in 2023

Zooming in further on Lagardère Travel Retail’s slice of the results shows that all the division’s key business indicators exceeded 2019 levels across the majority of geographical regions.

On a like-for-like basis, in France, trading for the division continued to recover, with revenue up 15.9% on the back of robust sales at regional airports.

The EMEA region (excluding France) reported a sharp 26.6% growth, driven by the increase in international tourist traffic, as well as by impressive performances in Italy and Poland and network expansion.

The Americas region continued to grow, with revenue advancing 16.3% against an already high comparison basis, benefiting from a favourable local economic environment (particularly in the United States), and the strong rebound in international traffic in Canada.

Asia-Pacific revenue jumped 52.1% from a low 2022 comparison basis in the region following the delayed reopening of borders in China.

“Lagardère Travel Retail took full advantage of the growth in domestic, regional and international air traffic across its various locations, particularly in the EMEA region,” commented Arnaud Lagardère, Chairman and Chief Executive Officer of Lagardère SA.

“All of the division’s key performance indicators improved, with revenue exceeding €5 billion and recurring EBIT up by €109 million year on year.”

The difference between reported and like-for-like data was attributable to a €42 million negative currency effect, which Lagardère says is mainly resulting from the depreciation of the US dollar (€28 million negative impact) and Chinese yuan (€15 million negative impact).

There was also a €183 million positive scope effect relating to the acquisition of Costa Coffee Poland (€36 million), Marché International (€149 million) and Tastes on the Fly (€27 million).

This performance was attributable to revenue growth combined with disciplined margin control amid high inflation, government aid in the US and the efficiency gains brought about by the ramp-up of the LEaP operational efficiency plan.

Commenting on the FY2023 results, Arnaud Lagardère, Chairman and Chief Executive Officer of Lagardère SA said: “In 2023, we achieved performance levels not seen for 15 years, thanks to the talent and commitment of the Lagardère group’s teams.

“Our two main locomotives are running at full speed and our growth validates the development strategy that we have patiently and meticulously built over these past few years.”

Looking ahead to the rest of 2024, the Group forecasts that with the robust momentum in global air traffic, despite ongoing geopolitical tensions and uncertainties regarding the revival of international Chinese tourism, Lagardère Travel Retail has potential for futher revenue and profitability growth, thanks ‘in particular’ to its optimisation initiatives.

*Alternative performance measure.

Note: On 27 February 2024, the Board of Directors met to approve the 2023 parent company and consolidated financial statements. The Group’s consolidated financial statements have been audited. The audit report will be signed off once the specific verifications have been completed.

READ MORE: Tea for two as Fortnum & Mason partners with Lagardère at DXB

READ MORE: “Growing appetite for sustainable & local products”

READ MORE: VIDEO: Travel Retail Awards winner Lagardère Travel Retail reflects on 2023

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Lagardere CEO Steps Down After Being Accused of ‘Misappropriating Company Funds’

By K.J. Yossman

K.J. Yossman

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• Lagardere CEO Steps Down After Being Accused of ‘Misappropriating Company Funds’ 1 day ago

The CEO of French media conglomerate Lagardere – owner of publishing house Hachette – has stepped down from his executive roles as he battles accusations of embezzlement in France.

Arnaud Lagardere, who is Lagardere’s chairman and CEO, has reportedly been accused by French prosecutors of “misappropriating company funds,” according to a report from Reuters. The publication reported Lagardere denies all the allegations.

Popular on Variety

Lagardere’s father Jean-Luc was responsible for turning the company into a media powerhouse. Under Lagardere’s stewardship it has sought to focus on publishing and travel retail (including the line of Relay stores ubiquitous in French railway stations), selling off other parts of the business.

Read the full statement from Lagardère below:

Arnaud Lagardère, Chairman and Chief Executive Officer, today informed the directors of Lagardère SA of the indictment against him, which he is contesting and against which he will appeal.

This indictment essentially concerns facts relating to personal companies wholly owned by Arnaud Lagardère and not involving any Lagardère group companies.

As regards Lagardère SA, the indictment relates solely to facts dating from 2018 and 2019, qualified as vote buying, abuse of power and dissemination of false or misleading information, which Arnaud Lagardère firmly disputes.

The directors have taken note of this measure and will meet in the near future to take all provisional measures required to ensure the Group’s governance pending Arnaud Lagardère being able to resume the management of the Group.

The directors wish to reiterate that Arnaud Lagardère is presumed innocent, and that an indictment in no way prejudges the outcome of the proceedings.

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French media mogul resigns after getting charged with embezzlement

Arnaud Lagardère, the French business scion who heads a publishing group now controlled by Vivendi SE, was charged with alleged embezzlement and has resigned provisionally as chief executive officer of Lagardère SA.

The charges against the 63-year-old executive also include vote buying, abuse of power and breach of trust, disseminating false or misleading information and failure to publish accounts, according to a person familiar with the matter. He has been placed under judicial supervision, banned from holding executive roles and needs to post a bond of €200,000 ($214,000), said the person, who asked not to be named discussing a legal case.

Lagardère, who is chairman and CEO of Lagardère SA, informed the board that he was forced to resign as CEO following the indictment and provisional ban from management activities issued against him on April 29, the listed company said in a  statement . Jean-Christophe Thiery was appointed as chairman and CEO on a provisional basis to ensure business continuity. Lagardère “is contesting these decisions and intends to lodge an appeal against them.”

“This indictment essentially concerns facts relating to personal companies wholly owned by Arnaud Lagardère and not involving any Lagardère group companies,” the company said in a previous statement Tuesday. “As regards Lagardère SA, the indictment relates solely to facts dating from 2018 and 2019.” 

The businessman’s attorney, Sebastien Schapira, declined to comment, while Vivendi, which controls Lagardère SA, reiterated on Monday its “support to the Lagardère group.”

The charges come after the prominent heir was questioned on Monday by a Paris judge. French daily Le Monde  reported  that he’s suspected of using around €80 million in company funds for personal expenses such as home renovations and private jet flights, as well as paying off debt related to inheritance. According to the newspaper, he’s also alleged to have unlawfully secured the support of Qatari shareholders during a 2018 corporate battle with Amber Capital. 

Lagardère’s legal woes are a dramatic twist for the businessman often glossing the pages of gossip magazines and cited in France as being at the center of one of the highest profile succession debacles in the nation’s corporate history. 

His father, Jean-Luc Lagardère, founded a French industrial and media giant whose influence reached deep into the country’s military and political establishment. After his sudden death in 2003, Arnaud took the helm and presided over the once sprawling conglomerate’s steady demise.

The son jettisoned much of the business to focus on publishing and travel retail and fended off takeover attempts that included a tussle between rival French billionaires Vincent Bollore and Bernard Arnault. The former prevailed through a plan to buy out the stake held by Amber Capital, which had attempted to shake up the Lagardère company.

In 2021, just as Vivendi was sealing the deal with Amber, French financial police raided Lagardère’s Paris headquarters searching for evidence of abuse of power, presentation of inaccurate accounts, misuse of corporate assets and vote buying.

The investigation began on April 30 of that year following a complaint from Amber Capital and an alert from France’s stock market regulator Autorité des Marchés Financiers, the justice ministry source said. 

Lagardère retains a stake of around 11% in Lagardère SA, which had revenue of €8.1 billion last fiscal year and paid Arnaud Lagardère €3.5 million. At the end of December, Vivendi had a stake of 59.8%, Qatar Holding LLC 11.5% and Arnault’s Financiere Agache had nearly 8%. 

Lagardère SA’s holdings include the Hachette imprint, Le Journal du Dimanche newspaper, Europe 1 radio and the Relay travel retail chain. Luxury giant LVMH, controlled by Arnault, is in talks to buy French glossy magazine Paris Match from Lagardère.

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Lagardère CEO Resigns After Being Charged With Embezzlement

(Bloomberg) -- Arnaud Lagardère, the French business scion who heads a publishing group now controlled by Vivendi SE, was charged with alleged embezzlement and has resigned provisionally as chief executive officer of Lagardère SA.

The charges against the 63-year-old executive also include vote buying, abuse of power and breach of trust, disseminating false or misleading information and failure to publish accounts, according to a person familiar with the matter. He has been placed under judicial supervision, banned from holding executive roles and needs to post a bond of €200,000 ($214,000), said the person, who asked not to be named discussing a legal case.

Lagardère, who is chairman and CEO of Lagardère SA, informed the board that he was forced to resign as CEO following the indictment and provisional ban from management activities issued against him on April 29, the listed company said in a statement . Jean-Christophe Thiery was appointed as chairman and CEO on a provisional basis to ensure business continuity. Lagardère “is contesting these decisions and intends to lodge an appeal against them.”

“This indictment essentially concerns facts relating to personal companies wholly owned by Arnaud Lagardère and not involving any Lagardère group companies,” the company said in a previous statement Tuesday. “As regards Lagardère SA, the indictment relates solely to facts dating from 2018 and 2019.” 

The businessman’s attorney, Sebastien Schapira, declined to comment, while Vivendi, which controls Lagardère SA, reiterated on Monday its “support to the Lagardère group.”

The charges come after the prominent heir was questioned on Monday by a Paris judge. French daily Le Monde reported that he’s suspected of using around €80 million in company funds for personal expenses such as home renovations and private jet flights, as well as paying off debt related to inheritance. According to the newspaper, he’s also alleged to have unlawfully secured the support of Qatari shareholders during a 2018 corporate battle with Amber Capital. 

Lagardère’s legal woes are a dramatic twist for the businessman often glossing the pages of gossip magazines and cited in France as being at the center of one of the highest profile succession debacles in the nation’s corporate history. 

His father, Jean-Luc Lagardère, founded a French industrial and media giant whose influence reached deep into the country’s military and political establishment. After his sudden death in 2003, Arnaud took the helm and presided over the once sprawling conglomerate’s steady demise.

The son jettisoned much of the business to focus on publishing and travel retail and fended off takeover attempts that included a tussle between rival French billionaires Vincent Bollore and Bernard Arnault. The former prevailed through a plan to buy out the stake held by Amber Capital, which had attempted to shake up the Lagardère company.

In 2021, just as Vivendi was sealing the deal with Amber, French financial police raided Lagardère’s Paris headquarters searching for evidence of abuse of power, presentation of inaccurate accounts, misuse of corporate assets and vote buying.

The investigation began on April 30 of that year following a complaint from Amber Capital and an alert from France’s stock market regulator Autorité des Marchés Financiers, the justice ministry source said. 

Lagardère retains a stake of around 11% in Lagardère SA, which had revenue of €8.1 billion last fiscal year and paid Arnaud Lagardère €3.5 million. At the end of December, Vivendi had a stake of 59.8%, Qatar Holding LLC 11.5% and Arnault’s Financiere Agache had nearly 8%. 

Lagardère SA’s holdings include the Hachette imprint, Le Journal du Dimanche newspaper, Europe 1 radio and the Relay travel retail chain. Luxury giant LVMH, controlled by Arnault, is in talks to buy French glossy magazine Paris Match from Lagardère.

Read more: LVMH in Exclusive Talks With Lagardère for Paris Match Magazine

--With assistance from Benoit Berthelot and Nayla Razzouk.

(Updates with Lagardere resigning in headline and first paragraph; appointment of provisional CEO in third paragraph.)

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