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Christian Dior perfumes

LVMH Buys Christian Dior For $13 Billion

Christian Dior perfumes
The French luxury group LVMH, led by billionaire Bernard Arnault, which already owns Christian Dior perfumes, is buying out the minority shareholders of Christian Dior for about $13.1 billion.

“The corresponding transactions will allow the simplification of the structures, long requested by the market, and the strengthening of LVMH’s fashion and leather-goods division thanks to the acquisition of Christian Dior Couture, one of the most iconic brands worldwide,” Mr Arnault, CEO of LVMH, said in a statement. [Read more…] about LVMH Buys Christian Dior For $13 Billion

Filed Under: Latest Tagged With: Christian Dior, Christian Dior perfumes, LVMH

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