LVMH fashion arm loses share
2-Apr-2003
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?French luxury goods conglomerate LVMH Moët Hennessy-Louis Vuitton saw operating income for its fashion and leathergoods division rise to Eu1.3bn ($1.4bn) in 2002, up from Eu1.27bn ($1.37bn) the year before.........
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(10-Jul-2002) - Luxury goods group LVMH announced today it had increased its stake in Italian fashion house Fendi to 66.9% after one of the five Fendi sisters sold her share of the company
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(17-Dec-2002) - LVMH Group ceo Marcello Bottoli has resigned to be replaced by Yves Carcelle, head of the group?s LVMH fashion arm.
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LVMH fashion arm loses share