Advertisement
YOU ARE HERE: LAT HomeCollectionsLvmh Moet Hennessy Louis Vuitton
IN THE NEWS

Lvmh Moet Hennessy Louis Vuitton

FEATURED ARTICLES
BUSINESS
January 18, 1999
LVMH Moet Hennessy Louis Vuitton, the world's No. 1 luxury goods maker, said it raised its stake in Gucci Group to 26.7%. The move strengthens the French firm's influence over the Italian firm.
ARTICLES BY DATE
IMAGE
July 16, 2010 | By Booth Moore, Los Angeles Times Fashion Critic
In the last few years, fashion designers have been invading the hotel industry. "Hotel companies and guests have become conscious of design," says hospitality industry analyst Bruce Baltin, from L.A.-based Colliers PKF Consulting USA. "Also, it is another avenue for designers to expose their styles to consumers." This spring, LVMH Moet Hennessy Louis Vuitton, the luxury conglomerate with more than 50 brands including Louis Vuitton, Emilio Pucci and Givenchy, threw its monogrammed hat into the ring, announcing plans to develop luxury hotels.
Advertisement
BUSINESS
April 3, 2001 | Associated Press
France's LVMH Moet Hennessy Louis Vuitton said it will buy famed U.S. fashion house Donna Karan International Inc. for $243 million, adding one more household name to LVMH's line of luxury products. Donna Karan said she will remain artistic director and retain control over creative aspects of the firm. Karan founded the firm in 1984, and it became one of the best-known names in international fashion. LVMH will pay $10.75 a share to acquire Donna Karan. The price is 26% higher than the $8.
BUSINESS
July 1, 2008 | From Bloomberg News
EBay Inc. was ordered by a French court to pay nearly $63 million to luxury-goods maker LVMH, which produces Louis Vuitton- and Dior-labeled products. The French company, whose full name is LVMH Moet Hennessy Louis Vuitton, had claimed in a lawsuit that the Internet auctioneer had not done enough to stop the sale of counterfeit goods. The ruling also banned EBay from selling perfumes by the company.
BUSINESS
January 16, 2001 | Associated Press
A French newspaper said that luxury goods group LVMH Moet Hennessy Louis Vuitton and South African diamond giant De Beers were close to announcing a joint venture to market branded diamond jewelry. La Tribune financial daily, in which LVMH owns a stake, quoted sources close to the deal as saying the joint venture would be announced today in London. However, a spokesman for De Beers said there would be no news conference and said the company had no comment.
BUSINESS
November 3, 1989 | From Reuters
A Paris court failed on Thursday to settle a yearlong boardroom battle between Bernard Arnault, chairman of LVMH Moet Hennessy Louis Vuitton, and his rival Henry Racamier for control of LVMH, France's largest luxury goods firm. The court was expected to decide whether Arnault's key 5% stake in LVMH was valid, but the matter was left in limbo. The court ruled that while the stake was legal, the way it was issued was irregular.
BUSINESS
September 11, 2002 | Bloomberg News
APPAREL * A federal judge approved Donna Karan International Inc.'s settlement with shareholders who sought more money in a buyout last year by France's LVMH Moet Hennessy Louis Vuitton. LVMH, the world's largest luxury goods maker, said in late 2000 that it would buy the New York-based clothing designer for $8.50 in cash per share. After six shareholders sued in Delaware Chancery Court, the price was raised to $10.75, a $22-million increase, and lawyers agreed to settle the lawsuits.
BUSINESS
October 13, 1999 | Bloomberg News
Italian fashion house Fendi agreed to sell a controlling stake in the company to a joint venture of leading French luxury goods company LVMH Moet Hennessy Louis Vuitton and Italy's Prada fashion house. LVMH and Prada will pay about $425 million for a 51% stake and plan to build Fendi into a bigger global brand, sources said. Fendi, whose hot-selling trademark handbags retail for several hundred dollars, has a chain of 160 franchised boutiques that interests LVMH, the sources said.
BUSINESS
July 1, 2008 | From Bloomberg News
EBay Inc. was ordered by a French court to pay nearly $63 million to luxury-goods maker LVMH, which produces Louis Vuitton- and Dior-labeled products. The French company, whose full name is LVMH Moet Hennessy Louis Vuitton, had claimed in a lawsuit that the Internet auctioneer had not done enough to stop the sale of counterfeit goods. The ruling also banned EBay from selling perfumes by the company.
BUSINESS
May 28, 1999 | From Reuters
Italian fashion house Gucci emerged victorious Thursday from a months-long takeover battle after a Dutch court approved a key defense against French rival LVMH Moet Hennessy Louis Vuitton. In a pivotal ruling in the bitter feud, the Amsterdam court approved Gucci's sale of a 42% stake to white knight Pinault-Printemps-Redoute, making a takeover by LVMH unlikely.
BUSINESS
February 8, 2005 | From Associated Press
Internet search engine Google Inc. said it was weighing a possible appeal after a Paris court ordered it to pay 200,000 euros, or $260,000, plus costs to luxury goods maker Louis Vuitton for breach of trademark. The high court in central Paris awarded the damages in a decision late Friday and ordered Google to stop displaying advertisements for Vuitton's rivals whenever Internet users typed Vuitton's name or other trademarks into the search engine.
BUSINESS
January 13, 2004 | From Associated Press
LVMH, the maker of Louis Vuitton handbags and Moet champagne, won a court judgment Monday ordering investment bank Morgan Stanley to pay at least $38.5 million in damages for allegedly biased research that hurt LVMH's image and helped its rival Gucci. In the first major ruling by a European court on conflicts of interest between research and investment banking services, the Paris commercial court said Morgan Stanley had "considerably prejudiced" LVMH and helped Gucci, its own client.
BUSINESS
September 11, 2002 | Bloomberg News
APPAREL * A federal judge approved Donna Karan International Inc.'s settlement with shareholders who sought more money in a buyout last year by France's LVMH Moet Hennessy Louis Vuitton. LVMH, the world's largest luxury goods maker, said in late 2000 that it would buy the New York-based clothing designer for $8.50 in cash per share. After six shareholders sued in Delaware Chancery Court, the price was raised to $10.75, a $22-million increase, and lawyers agreed to settle the lawsuits.
BUSINESS
April 3, 2001 | Associated Press
France's LVMH Moet Hennessy Louis Vuitton said it will buy famed U.S. fashion house Donna Karan International Inc. for $243 million, adding one more household name to LVMH's line of luxury products. Donna Karan said she will remain artistic director and retain control over creative aspects of the firm. Karan founded the firm in 1984, and it became one of the best-known names in international fashion. LVMH will pay $10.75 a share to acquire Donna Karan. The price is 26% higher than the $8.
BUSINESS
January 16, 2001 | Associated Press
A French newspaper said that luxury goods group LVMH Moet Hennessy Louis Vuitton and South African diamond giant De Beers were close to announcing a joint venture to market branded diamond jewelry. La Tribune financial daily, in which LVMH owns a stake, quoted sources close to the deal as saying the joint venture would be announced today in London. However, a spokesman for De Beers said there would be no news conference and said the company had no comment.
BUSINESS
December 19, 2000 | MARK DEEN, BLOOMBERG NEWS
LVMH Moet Hennessy Louis Vuitton, the biggest luxury-goods company, agreed Monday to pay $450 million for the rights to Donna Karan's brands and offered to buy the New York designer's namesake company for $195 million. LVMH, whose portfolio of labels include Christian LaCroix, Emilio Pucci, Fendi, Givenchy and Marc Jacobs, is seeking a bigger share of the U.S. fashion market. The license holder for the Donna Karan New York and DKNY brands is Gabrielle Studio Inc.
BUSINESS
December 19, 2000 | MARK DEEN, BLOOMBERG NEWS
LVMH Moet Hennessy Louis Vuitton, the biggest luxury-goods company, agreed Monday to pay $450 million for the rights to Donna Karan's brands and offered to buy the New York designer's namesake company for $195 million. LVMH, whose portfolio of labels include Christian LaCroix, Emilio Pucci, Fendi, Givenchy and Marc Jacobs, is seeking a bigger share of the U.S. fashion market. The license holder for the Donna Karan New York and DKNY brands is Gabrielle Studio Inc.
BUSINESS
October 14, 1997 | From Bloomberg News
French luxury goods conglomerate LVMH Moet Hennessy Louis Vuitton on Monday unexpectedly ended its opposition to the $37.3-billion merger of Guinness and Grand Metropolitan after an agreement gave it control of most of the drinks distribution network of the new company plus a seat on the board and $812 million in cash and special dividends.
NEWS
January 7, 2000 | VALLI HERMAN-COHEN, TIMES SENIOR FASHION WRITER
The oversized hands of an 8-foot-diameter watch face practically wave customers like Carolyn and Art Martinez into Synchrony, a new store at the Glendale Galleria. Inside, the Arleta couple is nearly overwhelmed by the wall-to-wall watches. More than 3,000 of them, representing more than 40 brands, cover the walls, shelves and special displays. "I'm a real shopper," said Carolyn Martinez, whose husband of 33 years bought her a $1,700 stainless-steel-and-diamond watch.
BUSINESS
October 13, 1999 | Bloomberg News
Italian fashion house Fendi agreed to sell a controlling stake in the company to a joint venture of leading French luxury goods company LVMH Moet Hennessy Louis Vuitton and Italy's Prada fashion house. LVMH and Prada will pay about $425 million for a 51% stake and plan to build Fendi into a bigger global brand, sources said. Fendi, whose hot-selling trademark handbags retail for several hundred dollars, has a chain of 160 franchised boutiques that interests LVMH, the sources said.
Los Angeles Times Articles
|