The Arnault Empire acquired a legendary fashion company
Bernard Arnault, French billionaire will combine the Christian Dior fashion brand with his LVMH luxury goods empire as part of a 12.1 billion euros dealto simplify his business interests – a restructuring long demanded by other investors.
In addition, an additional 6.5 billion euros will be given for Dior Couture. The LVMH has already had the majority share in the fashion company.
The brand has long been at the core of Mr. Arnault’s luxury empire, said Concetta Lanciaux, a former LVMH executive who worked with Mr. Arnault for 25 years. (vg.hu)
Related news
A dress made of orange peel will also be presented at the Grow exhibition
Clothes made from sustainable materials, such as orange peels, will…
Read more >Rossmann: Bright colors and refined solutions starring
Strong ink lines and vibrant colors on the eyelids, sly…
Read more >Ferrari opened glossy lifestyle concept store
The store is arranged across a single open-plan floor in…
Read more >Related news
Katalin Neubauer: We hope that retail can now return to the old, pre-Covid way of funkctioning
In March 2023, the Hungarian retail sector showed promising signs…
Read more >SPAR continues to be one of Hungary’s leading brands
SPAR Hungary received prestigious professional awards. The SPAR, INTERSPAR and…
Read more >Tesco is launching a spring food collection campaign for the second time
For years, Tesco has been supporting the Hungarian Food Bank…
Read more >