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LVMH strengthens leathergoods division with Christian Dior acquisition

25/04/2017

The owner of luxury group LVMH, Bernard Arnault, will pay €12.1 billion to take full control of the operations of French fashion house Christian Dior. The deal will see it integrated into the LVMH Group.  Mr Arnault’s family already controls a 74% stake in Christian Dior, as well as owning 47% of LVMH. LVMH bought Dior’s perfume division in the...

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