Bernard Arnault confirms he owns "very minor stake" in Richemont
![Bernard Arnault confirms he owns](https://media.fashionnetwork.com/m/4d4a/7d9b/537c/0c61/07eb/ed0a/ca85/33b6/4c05/9805/208x208/9805.jpg)
Bernard Arnault confirmed he bought a small stake in Cartier owner Richemont, as the chief executive officer of rival luxury conglomerate LVMH seeks to cool speculation about his intentions.