The luxury group now owns Louis Vuitton's iconic Paris flagship store on the corner of the Champs-Elysées and the Avenue Montaigne. Glitz.paris reveals the details of the deal, including who, what and how much was involved.
The group's steadfast CEO, Marc Puig, holds only a small stake in his family's namesake company, compared to some of his executive-level cousins. That imbalance is taking its toll on the firm's governance.
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In acquiring luxury cosmetics brand Aesop, L'Oréal inherits a partnership with one of Dubai's leading luxury dynasties.
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Dating back to the 19th century, the insignia of the highest court in the French judiciary had the misfortune of being identical to the luxury fashion brand's emblem. In response to a letter from Chanel in the early 2000s, the court agreed to change it.
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Rolex has lost a member of its board of directors who has stepped down after more than 20 years with the Swiss watch brand.
Two high-end hotel and restaurant groups, la Société des Commerces Touristiques and Moma Group, have formed a discreet partnership in Saint-Tropez, the French luxury tourist hotspot.
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