LVMH said on Saturday that it had taken a large stake in its rival, Hermès, a bold move that could rekindle consolidation in the luxury-goods industry.
WSJ.com: What's News US, Wall Street Journal
Sat, 10/23/2010 - 9:55am
LVMH said on Saturday that it had taken a large stake in its rival, Hermès, a bold move that could rekindle consolidation in the luxury-goods industry.