fashionologie — Thu, 16 Jul 2009 11:58:26 PDT

>> Bernard Arnault, Francois Pinault Are Playing Nice, Still Rich -With the lapse of almost a decade since the fight over Gucci, LVMH's Bernard Arnault and PPR's Francois Pinault are experiencing a detente, symbolized by their willingness to appear on the cover of French business magazine Challenges together this week. The accompanying story credits Arnault's wife, Helene, with the warming of feelings when she embraced Pinault's wife Maryvonne at an event last November. Since, the Arnaults invited the Pinaults to dinner on May 26. The magazine also tabulates France's largest fortunes, with Arnault (14.58 billion euros) in second, the Hermes family (7.68bn euros) in fourth, Pinault (4.95bn euros) in sixth, and Alain Wertheimer and family, owner of Chanel, (3.5bn euros) in tenth. [WWD]