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Articles related to brands owned by LVMH. Subcategories. This category has the following 2 subcategories, out of 2 total. D. Dior (2 C, 10 P) T. Tiffany & Co. (19 P)
On 7 March 2011, LVMH announced the acquisition of the 50.4% family-owned shares of the Italian jeweller Bulgari and the intention to make a tender offer for the rest, which was publicly owned. [24] The transaction was about $5.2 billion. [25] By 2012, LVMH established LCapitalAsia, a continuation of its private-equity arm, focused on Asia. [26]
Established in 1960, its global network consists of stores located in major global airports and downtown locations featuring over 750 brands. [ 2 ] [ 3 ] It is privately held and majority owned by the luxury conglomerate Moët Hennessy Louis Vuitton ( LVMH ), alongside DFS co-founder and shareholder Robert Warren Miller .
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The Paris-based LVMH, which owns brands like Christian Dior, Tiffany & Co. and Loro Piana, saw a slowdown in sales growth as shoppers continue to contemplate their spending on high-end goods.
The LVMH-owned chain, which performed “exceptionally” in 2023, was the French conglomerate’s fastest-growing segment by sales at a time when luxury spending has been on a roller coaster ride ...
In October 2008, the Group divested all of its remaining interests in the tobacco industry. [9] As of 2014, Richemont is the second-largest luxury goods company in the world after LVMH. [10] In 2015, Richemont's Net-a-Porter Group was merged with the YOOX Group in an all-share transaction.
LVMH acquired the brand in 1999 to expand its make-up services and developed the services to appeal to its customer base. In 2004, Nicolas Cordier was named CEO and formed a manager/creator team with Sanz. The subsequent CEOs included Rachel Marouani (2017-2020), [5] Gabrielle Rodriguez (2020-2023), [6] and Charles-Henri Levaillant (2023-2024). [7]