THE LIFE

March 8th, 2011

LVMH To Buy Bulgari

bulgari-store

French company, LVMH Moët Hennessy Louis Vuitton agreed to take over Bulgari. LVMH will exchange 16.5 million of its own shares for the 152.2 million shares in Bulgari owned by the company’s founding family. This deal will make Bulgari the second largest shareholder in LVMH.

Bulgari will now join a host of other companies behind the conglomerate including Dom Pérignon,  Christian Dior, Givenchy,  TAG Heuer and Sephora.

Bulgari joining LVMH will be a great recovery from the bad economic times. A lot of companies have approached LVMH to buy them out, but they have remained  one of the largest and best.  A lot of companies were turned down, including Coach in 2009.


About the Author

Keshia Ellis
Keshia Ellis is a wardrobe stylist, designer, and writer with clients in both Atlanta and New York City. She currently resides in Atlanta but was born in Phoenix, Arizona. Keshia's main focus is to spread knowledge about fashion and her main goal is to help people bring out their inner style.




 
 

 
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6 Comments


  1. In line when the retailers are selling well-qualified produce at pandemic rates, known is a unconditional shading of profits that they would prestige mediocre put on accruing.


  2. I like your post. It is good to see you verbalize from the heart and clarity on this important subject can be easily observed.


  3. I learned a lot,thank you!


  4. This is a very high-quality in position, please keep updating.


  5. Very good stuff with good ideas and concepts, lots of great information and inspiration, both of which we all need, helpful iformation.


  6. Bulgari will now join a host of other companies behind the conglomerate including Dom Pérignon, Christian Dior, Givenchy, TAG Heuer and Sephora.



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