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START YOUR CREATIVE ENGINES: Applications for the 2022 LVMH Prize for Young Fashion Designers are now open, LVMH Moët Hennessy Louis Vuitton announced on Wednesday. Designers under 40 years old ...
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As of late 2020, LVMH has the largest market capitalization of any company in France, [45] and also in the Eurozone with a record of 261 billion euros ($317.6 billion). [46] As of December 2020, Arnault's own fortune was nearly half that, with a personal net worth of $151.7 billion. [47] LVMH completed the purchase of Tiffany in January 2021. [48]
In 1996, LVMH acquired the majority share of DFS Group, [10] buying out partners Feeney, Parker, and Pilaro and setting a new focus on the combined elements of travel and luxury. [11] It developed a merchandising strategy based around five core categories – Beauty and Fragrances; Fashion and Accessories; Watches and Jewelry; Wines and Spirits ...
In January 2016, Catterton, LVMH, and Financière Agache (previously Groupe Arnault), the family holding company of Bernard Arnault, partnered to create L Catterton. [21] The partnership combined Catterton's existing North American and Latin American private equity operations with LVMH and Groupe Arnault's pre-existing European and Asian ...
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A trainee is an official employee of the firm that is being trained to the job they were originally hired for. Literally, a trainee is an employee in training. Trainee programs are arranged by private companies and public sector employers where the trainee position has a varied duration depending on the company's program.