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LVMH to take 80% stake in luggage brand Rimowa

Published Wed, Oct 5, 2016 · 09:50 PM

London

LVMH Moet Hennessy Louis Vuitton, the largest luxury conglomerate in the world, said on Tuesday that it had agreed to buy a controlling stake in the German luggage brand Rimowa for 640 million euros (S$984 million).

The French company, whose brands include Christian Dior, Donna Karan, Louis Vuitton and TAG Heuer, said that it would buy an 80 per cent stake from …

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Companies & Markets

LVMH to take 80% stake in luggage brand Rimowa

Consumer & Healthcare

Gazelle Ventures makes cash offer for No Signboard shares at S$0.0021 apiece

P&G raises annual core profit forecast on resilient demand, price hikes

Cordlife calls for trading halt after shares sink to all-time low, pending announcement

Marina Bay Sands Q1 profit surges 51.5% to US$597 million on tourism boom

Swiss watch exports plunge as China and Hong Kong demand dries up

Cutting the cord?: Events leading up to Cordlife’s MOH suspension and arrests of its directors, ex-group CEO

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