LVMH Inc.

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lvmh inc. and prada - All News and Analysis

• When profits go out of fashion; Luxury goods.(Trouble in luxury goods)

  - 2003-07-05

  Things are not looking pretty in the luxury-goods industry THE worst three months he can remember. That is how Domenico De Sole, boss of Gucci, recently described conditions in the luxury-goods business. "It was the story of 'The Perfect Storm'. Everything that could go...

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• LVMH buys majority of Fendi. (Up Front).(Brief Article)(Statistical Data Included)

  - 2002-02-01

  The LVMH Group is paying 295 million euros (US$259.2 million) for majority control of Fendi, the well-known Italian fashion house whose popular accessories include handbags and wristwatches. LVMH's majority ownership was effective at the end of 2001, a company spokesman told JCK. The announcement...

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• Prada

  - 2002-01-01

  PRADAItalian fashion house Founded: by Mario Prada (born in Milan, Italy in 1913) and his brother as a luxury leather goods company; taken over by granddaughter Miuccia Bianchi Prada, 1978. Miuccia Prada began designing for company, early 1980s; married Patirizio Bertelli, 1989. Company History: Ready-to-wear...

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• Inside the Bubbles

  - 2001-12-03

  When German designer Jil Sander sold a majority stake of her fashion company in 1999, the ever-shrinking fraternity of independent fashion houses took notice. Sander had become a major influence on design, and a respectable business, with $200 million in annual sales. But it was time to start thinking beyond...

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• Inside the Bubbles.

  - 2001-12-03

  When German designer Jil Sander sold a majority stake of her fashion company in 1999, the ever-shrinking fraternity of independent fashion houses took notice. Sander had become a major influence on design, and a respectable business, with $200 million in annual sales. But it was time...

  Tags: LVMH Inc., Prada

• French Luxury Brands Group LVMH to Buy Stake in Fendi Label.

  - 2001-11-25

  By Matthew Goodman, Sunday Business, London Knight Ridder/Tribune Business News Nov. 25--LVMH, the French luxury brands group, yesterday agreed to buy a 25.5 percent stake in Fendi, the handbags and furs label, for an estimated euro295 million (180 million) from rival Prada Holding. ...

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• Handbags at dawn

  - 2001-11-23

  After months of speculation, gossip and - even by fashion industry standards - unusually bitter sniping, the pressure cooker finally boiled over yesterday when Prada announced that it was in negotiations to sell to LVMH Moet Hennessy Louis Vuitton its controlling stake in Fendi, the luxury fur label famed for...

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• Fading feelgood factor leaves luxury labels tarnished

  - 2001-11-18

  As the song goes: "It's tough at the top, but tougher at the bottom, and positively boring in between." Well, going by events of the last few days - it must be really tough at the bottom. Top-notch luxury goods firms have been queuing up to tell...

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• Fendi

  - 2001-04-14

  A well-manicured pair of bronzed hands, encrusted in pink coral rings, wave emphatically in the air. Carla Fendi is delivering her personal motto: "You can do everything, nothing is impossible." And that's exactly what this woman, and her 75-year-old Roman family firm, has done - the impossible. ...

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• Prada prepares to strut its stuff on the market

  - 2001-04-01

  PRADA, the Milan-based luxury goods group, is believed to have pencilled in a May flotation in a move that will inflame its power struggle with rivals LVMH, Gucci and Pinault Printemps Redoute. A source close to Prada named May as the preferred date for the share offering,...

  Tags: Gucci, LVMH Inc., Prada