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LVMH

Lifestyle 2 years ago

Birkenstock: From German village to Barbie blockbuster

The company was founded 250 years ago in rural Germany, and remained in the hands of the Birkenstock family until heirs, brothers Alex and Christian, sold a majority stake in 2021.

Companies 2 years ago

Birkenstock prices US IPO conservatively at $46 per share

Birkenstock is the fourth major company to launch a US IPO in the last four weeks following those of chip designer Arm, grocery deliver app Instacart and marketing automation platform Klaviyo.

Entertainment 3 years ago

LVMH shakes up leadership at Dior, Louis Vuitton

Delphine Arnault, a top executive at Louis Vuitton and daughter of billionaire LVMH boss Bernard Arnault, will become CEO of perfume and fashion house Dior, LVMH said in a statement.

Lifestyle 5 years ago

LVMH and Tiffany end luxury battle, cut price on $16 billion takeover

France's LVMH will pay slightly less to acquire US jeweler Tiffany & Co after the two companies agreed to end a bitter dispute triggered by the COVID-19 pandemic and salvage the luxury sector's biggest-ever deal.

Business 5 years ago

LVMH countersues Tiffany in bid to drop $16 billion acquisition

LVMH countersued Tiffany & Co on Monday, arguing the iconic US jeweler's financial mismanagement in the pandemic permits the French luxury goods giant to walk away from its proposed US$16 billion acquisition of the company.

Lifestyle 5 years ago

Tiffany sues LVMH for reneging on $16 billion deal as France steps in

Tiffany & Co sued LVMH after the French luxury goods giant told the US jeweler it could not complete a $16 billion deal to acquire it because of a French government request and the impact of the coronavirus outbreak.

Health 5 years ago

LVMH orders 40 million masks from China for France

LVMH, the world's biggest luxury goods group, is ordering 40 million health masks from a Chinese supplier to help France cope with the coronavirus outbreak.

Lifestyle 5 years ago

Perfume giant LVMH to make hand gel for French hospitals

The French luxury group LVMH said that it would begin producing sanitizing hand gel at three of its perfume and cosmetics sites in France, for distribution to French hospitals fighting the country's coronavirus outbreak.

Lifestyle 6 years ago

LVMH close to buying Tiffany for more than $16.3 billion: Source

French luxury group LVMH was hoping to clinch a deal to acquire US jewelers Tiffany on Sunday after bidding more than $16 billion, according to a source close to the deal, confirming press reports.

Lifestyle 6 years ago

Tiffany likely to play hard to get as LVMH awaits answer

After eyeing Tiffany for years, LVMH submitted an offer last month as it enjoys record cash flow and revenue while the blue box company struggles with falling sales and flattening profits, according to people familiar with the matter, who asked to not be identified because details of the discussions aren’t public.

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LVMH

Birkenstock: From German village to Barbie blockbuster

Birkenstock prices US IPO conservatively at $46 per share

LVMH shakes up leadership at Dior, Louis Vuitton

LVMH and Tiffany end luxury battle, cut price on $16 billion takeover

LVMH countersues Tiffany in bid to drop $16 billion acquisition

Tiffany sues LVMH for reneging on $16 billion deal as France steps in

LVMH orders 40 million masks from China for France

Perfume giant LVMH to make hand gel for French hospitals

LVMH close to buying Tiffany for more than $16.3 billion: Source

Tiffany likely to play hard to get as LVMH awaits answer

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