Lvmh Takes Stake In Hermès

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.

Topics:  hermès   lvmh   stake   
BING NEWS:
  • LVMH Fund Takes Stake in Norwegian Luggage Brand Db
    Signaling vibrancy in the travel space – and emerging niches – the LVMH Luxury Ventures Fund has taken a minority stake in Db, a Norwegian maker of premium luggage and travel bags with an ...
    12/5/2024 - 12:00 am | View Link
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