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PARIS, France — LVMH announced on Tuesday that it plans to integrate the entire Christian Dior brand within the luxury group, as part of a two-pronged strategic deal to strengthen its fashion .The long-awaited merger between LVMH and Christian Dior has arrived. Billionaire Bernard Arnault is simplifying the complex corporate structure between his family holding company .Christian Dior SE (French: [kʁistjɑ̃ djɔʁ]), [1] commonly known as Dior, is a French multinational luxury goods company that is controlled and chaired by French businessman Bernard Arnault, who also heads LVMH. [2] Dior holds 42.36% of the .
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PARIS, France — LVMH announced on Tuesday that it plans to integrate the entire Christian Dior brand within the luxury group, as part of a two-pronged strategic deal to strengthen its fashion and leather goods division. In total, the deal is valued at around billion. The long-awaited merger between LVMH and Christian Dior has arrived. Billionaire Bernard Arnault is simplifying the complex corporate structure between his family holding company Groupe. Their family company Groupe Arnault announced on Tuesday it was paying €12.1bn for the minority stake that it does not already own in Christian Dior, which Mr Arnault bought for one franc in. Delphine Arnault, 49, was appointed chief executive of Dior — the group’s second-biggest brand by sales after Louis Vuitton — at the start of 2023, and sits on LVMH’s executive committee.
LVMH Chairman and CEO Bernard Arnault has reshuffled top management at his luxury goods empire, tightening his family's grip with the appointment of his daughter Delphine to lead Christian Dior.
A new year brings a leadership shuffle to the ranks of Louis Vuitton Moët Hennessey, the world’s largest luxury goods group by sales, as its chairman and chief executive, Bernard Arnault . In tandem, Groupe Arnault, the investment firm controlled by the Arnault family, will make an offer of up to 12.1 billion euros, or .2 billion, for the 25.7 percent stake in the Christian Dior. Arnault’s next prey was Dior’s perfume division, which had been sold to Louis Vuitton Moët Hennessy, and a fight between the company’s brand heads gave him an opening.
Years later, Arnault made Christian Dior, the jewel of haute couture that had fascinated his mother, the cornerstone of his global luxury group.Christian Dior SE (French: [kʁistjɑ̃ djɔʁ]), [1] commonly known as Dior, is a French multinational luxury goods company that is controlled and chaired by French businessman Bernard Arnault, who also heads LVMH. [2] Dior holds 42.36% of the . PARIS, France — LVMH announced on Tuesday that it plans to integrate the entire Christian Dior brand within the luxury group, as part of a two-pronged strategic deal to strengthen its fashion and leather goods division. In total, the deal is valued at around billion. The long-awaited merger between LVMH and Christian Dior has arrived. Billionaire Bernard Arnault is simplifying the complex corporate structure between his family holding company Groupe.
Their family company Groupe Arnault announced on Tuesday it was paying €12.1bn for the minority stake that it does not already own in Christian Dior, which Mr Arnault bought for one franc in.
Delphine Arnault, 49, was appointed chief executive of Dior — the group’s second-biggest brand by sales after Louis Vuitton — at the start of 2023, and sits on LVMH’s executive committee. LVMH Chairman and CEO Bernard Arnault has reshuffled top management at his luxury goods empire, tightening his family's grip with the appointment of his daughter Delphine to lead Christian Dior. A new year brings a leadership shuffle to the ranks of Louis Vuitton Moët Hennessey, the world’s largest luxury goods group by sales, as its chairman and chief executive, Bernard Arnault .
In tandem, Groupe Arnault, the investment firm controlled by the Arnault family, will make an offer of up to 12.1 billion euros, or .2 billion, for the 25.7 percent stake in the Christian Dior.
Arnault’s next prey was Dior’s perfume division, which had been sold to Louis Vuitton Moët Hennessy, and a fight between the company’s brand heads gave him an opening.
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