LVMH

LVMH Buys Christian Dior For $13 Billion

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

PETA Is Now a LVMH Shareholder

Animal rights group PETA bought a stake in the parent company of Louis Vuitton, LVMH; in order to pressure firm to stop using exotic animal skins, such as crocodile, alligator and python. The announcement comes after PETA released a disturbing short documentary about the crocodile skin industry in Vietnam.

“Every PETA exposé of the exotic-skins industry has found sensitive living beings crammed into filthy pits, hacked apart, and left to die,” says [Read more…] about PETA Is Now a LVMH Shareholder

Louis Vuitton Fall/Winter 2011 Accessories

Here`s a closer look at the accessories that went down the runway this season at Louis Vuitton Fall/Winter 2011: hats, bags, masks, shoes, and yes, handcuffs! Keeping with the fetish theme, Marc Jacobs gives the credit for the fetish idea to a conversation he had with LVMH’s Bernard Arnault about women’s inexplicable obsession with [Read more…] about Louis Vuitton Fall/Winter 2011 Accessories