Latest posts with tags "acquisition"

Breaking: LVMH now owns Tiffany & Co.

Nov 25, 2019 / Business of Luxury

Completing its acquisition of the US Jeweller, LVMH’s hard luxury segment gets a massive shot in the arm, putting it in competitive position to rival Richemont Group in that category

Bally Profits Hit 10 Year High

Apr 19, 2018 / Fashion

CEO Frederic de Narp proven right as Bally profits rise on strong Asia performance as well as capsule collections featuring hip hop culturally relevant accessories and garments have encouraged sales in the U.S.

Acquisition: SGX-Listed Grand Banks Yachts

Feb 27, 2018 / Yachts

Grand Banks has announced that it intends to acquire the Stuart Service Yard in Florida to serve as its official United States headquarters, consolidating its presence in the world’s biggest boat market.

Future of Lanvin: Chinese or Qatari hands?

Feb 11, 2018 / The Lux List

Qatari investment fund Mayhoola, owner of Italian fashion house Valentino, and Chinese Fosun, a conglomerate behind French Club Med, are both in a battle to acquire majority stakes in French fashion couturier Lanvin.

Airbnb brings luxury rentals

Feb 23, 2017 / Travel

As a veteran in the market for budget-friendly alternatives to hotels, Airbnb diversifies in its latest acquisition of Luxury Retreats

LVMH Buys Majority Rimowa Stake for $716 million

Oct 05, 2016 / Travel

The world’s largest luxury group LVMH got a bit bigger Tuesday after a $716 million deal to take a majority position in German luggage maker Rimowa.

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