LVMH Bags Rimowa to Bolster Luxury Luggage Range

LVMH has bagged German high-end luggage maker Rimowa in a $716 million deal. Photo: Bloomberg News French luxury-goods giant agreed to pay $716 million for 80% stake in firm PARIS?French luxury-goods firm LVMH Moët Hennessy Louis Vuitton Tuesday purchased a controlling stake in luggage maker Rimowa, its first shopping trip across the Rhine to buy ...

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