Multichannel
October 26, 2010
By Peter Finocchiaro
LVMH Moët Hennessy Louis Vuitton made a power play with its 17-percent acquisition of Hermès that casts uncertainty on the future of the independently owned French fashion house.
{"ct":"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","iv":"bf5882d3547c7296e60487e0d7ab7151","s":"4f80a960367e31a8"}
Share your thoughts. Click here