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Embezzlement-accused French media scion reinstated as CEO
Embezzlement-accused French media scion reinstated as CEO
by  AFP

French media baron Arnaud Lagardere, who resigned from running the sprawling group of the same name in April over embezzlement charges, was reinstated as chief executive Friday after a favourable court decision, the company said. It was "a very great joy for me to resume as chief executive of the group that bears my name," Lagardere himself said in the statement.

Lanvin picks seasoned veteran Peter Copping as artistic director
Lanvin picks seasoned veteran Peter Copping as artistic director
by  AFP

Historic French fashion label Lanvin has named Britain's Peter Copping, who has worked with Nina Ricci, Oscar de la Renta, Balenciaga and Louis Vuitton, as its new artistic director. Copping, born in 1967, worked with Nina Ricci (2009-2014) and Oscar de la Renta in New York (2014-2016).

France makes multibillion-euro gamble on Olympic gold
France makes multibillion-euro gamble on Olympic gold
by  AFP

France is facing a bill of almost nine billion euros for hosting the Paris Olympics but top officials say the financial fallout could be more "psychological" than economic. For Bank of France governor Francois Villeroy de Galhau, the Paris Olympics will have more of a "psychological" impact than economic.

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