The luxury group confirmed to FashionNetwork.com that it has “undertaken a merger” with the Italian company, but gave no details about the price of the transaction. “This decision was motivated by converging interests:…
It will donate over €1 million in essential clothing such as coats, sweaters and shoes from the three labels through the company’s distribution centre in Venlo, Netherlands, to “aid those displaced by the…
Bernard Arnault, the founder and chief executive officer of LVMH who’s known as the “wolf in cashmere,” last week sang the praises of Van Cleef owner Cie Financiere Richemont SA, and quipped that if…