Asian social media was thrown into chaos on the morning of March 11 after a viral clip allegedly showed Frédéric Arnault—widely rumored to be dating Lisa—appearing affectionate with an unidentified woman at a high-end fashion brand party.

In the footage circulating across platforms, the young CEO is seen sitting beside the mystery woman and gazing at her with what many viewers described as “a loving look,” similar to how someone might look at a romantic partner. The clip quickly spread online and ignited speculation that the relationship between the BLACKPINK star and the billionaire heir may have quietly come to an end.

The rumor did not appear out of nowhere. In late February, fans already began questioning the couple’s status after Lisa was spotted attending a party in Bali where she appeared notably close with DJ Disco Lines. Photos and clips from the event showed the idol leaning closely toward the DJ and interacting with him in a friendly, seemingly intimate manner. Shortly after the images surfaced, online communities and media outlets began speculating that Lisa might have returned to single life following a breakup with Frédéric Arnault.

Another detail that fueled the gossip was Valentine’s Day. In previous years, fans believed the luxury executive had sent chocolates to Lisa during the holiday. This year, however, no such gesture was noticed by fans—further intensifying theories that the rumored couple had gone their separate ways.

Yet while the alleged “new dating” clip spread rapidly, another video featuring Lisa quickly drew just as much attention. The footage shows the K-pop star attending the Louis Vuitton Fall/Winter 2026 show and chatting cheerfully with Bernard Arnault. The two appear relaxed and friendly as they converse, smiling throughout the interaction.

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Some viewers attempted to read the conversation through lip-reading and speculated that Lisa and the billionaire might have been discussing someone entering the venue—possibly Frédéric Arnault himself. Because of this, a number of fans believe the rumors of a breakup may be premature or unfounded. According to this interpretation, the woman seen sitting with Frédéric in the viral clip could simply be a friend, colleague, or business partner rather than a romantic interest.

The relationship between Lisa and Frédéric Arnault has long been a hot topic for global media. Dating speculation first emerged in July 2023 when the two were reportedly spotted together at a restaurant in France. In footage captured by bystanders at the time, the Thai-born idol appeared to lean her head on Arnault’s shoulder—an interaction many fans interpreted as affectionate.

Since then, the pair have repeatedly been seen together in different cities around the world. Their rumored romance only intensified after they were reportedly introduced to each other’s families. At one point, online discussions even suggested that the two might eventually marry, given the frequency of their appearances together.

The most recent dating sighting before the latest rumors surfaced took place in October last year. After completing two nights of the BLACKPINK “DEADLINE” concerts in Kaohsiung, Lisa reportedly traveled from Kaohsiung to Taipei to spend time with Arnault. Taiwanese media outlet TVBS even reported that the idol used a private jet to meet the billionaire heir after several days apart.

As of now, neither Lisa nor Frédéric Arnault has publicly addressed the viral clip or the growing speculation about their relationship status. With fans continuing to analyze every new video and public appearance, the truth behind the rumors remains one of the most closely watched topics in K-pop and luxury-world gossip alike.

Sources: kenh14