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
The first McDonald’s restaurant in Esztergom has opened
The first McDonald’s restaurant in the city of Esztergom opened…
Read more >
The world’s first boring phone has been released thanks to Heineken
Heineken®, in collaboration with street culture tastemaker Bodega, presented “The…
Read more >
MediaMarkt: Treasure-worthy objects are hidden in the closets of Hungarians
By buying down, we compensate for our still uncertain financial…
Read more >
