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French multinational luxury goods conglomerate

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LVMH: French multinational luxury goods conglomerate
LVMH Moët Hennessy Louis Vuitton, commonly known as LVMH, is a French multinational corporation and conglomerate specializing in luxury goods, headquartered in Paris, France. The company was formed in 1987 through the merger of fashion house Louis Vuitton with Moët Hennessy, which was established after the 1971 merger between the champagne producer Moët & Chandon and the cognac producer Hennessy. LVMH controls around 60 subsidiaries that each manage a small number of prestigious brands, 75 in total. The subsidiaries are often managed independently, under the umbrellas of six branches: Fashion Group, Wines and Spirits, Perfumes and Cosmetics, Watches and Jewelry, Selective Distribution, and Other Activities. The oldest of the LVMH brands is wine producer Château d'Yquem, which dates its origins back to 1593.


Acclaimed Designer Kenzo Has Died Of COVID-19 [Video]

Acclaimed Designer Kenzo Has Died Of COVID-19

Japanese designer Kenzo Takada died in Paris on Sunday due to COVID-19-related complications. He was 81. Famous for his international luxury fashion house Kenzo, he inaugurated his flagship store in..

Credit: Wochit News     Duration: 00:34Published
LVMH may find most sales are final [Video]

LVMH may find most sales are final

France's LVMH faces an uphill battle in walking away from its $16 billion deal to buy U.S. jeweler Tiffany, with legal experts noting most mergers which end up in court are renegotiated rather than..

Credit: Reuters Studio     Duration: 01:26Published
LVMH to counter sue Tiffany over troubled deal [Video]

LVMH to counter sue Tiffany over troubled deal

Luxury goods group LVMH said on Thursday it would counter-sue Tiffany, accusing it of mismanagement through the coronavirus crisis after the U.S. jeweler accused the French group of trying to bow out..

Credit: Reuters Studio     Duration: 01:19Published

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LVMH ends $16.2 billion deal to buy Tiffany

Famed jeweller is suing the French luxury goods maker, accusing it of breaching their merger agreement.
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LVMH planning to buy Tiffany for $16.2 billion

French luxury group LVMH has agreed to buy iconic New York jeweler Tiffany and Co. for $16.2 billion, adding a famed star to its portfolio that already boasts Louis Vuitton, Christian Dior and Bulgari...
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French luxury group LVMH buying Tiffany for $16.2 billion

Famed jeweler says purchase by owner of Louis Vuitton and Christian Dior will help its push to appeal to younger, more tech-savvy customers with new takes on jewelry
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Louis Vuitton parent company LVMH reportedly makes takeover bid for Tiffany & Co.

Louis Vuitton owner LVMH is reportedly looking to add U.S. luxury jeweler Tiffany & Co. to its portfolio, which includes Moët & Chandon and TAG Heuer.
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Sephora to shut U.S. stores for day of diversity training after racial incident

LVMH's Sephora beauty chain said it will close all its U.S. stores, distribution centers and corporate offices on Wednesday to conduct diversity training for employees, a move that follows a racial..
Reuters - Published
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