FCN News – LVMH & Loro Piana

Loro PianaLouis Vuitton Moet Hennessy (LVMH) acquires the Italian cashmere products company “Loro Piana” for 2,000 million euros.

images-4  Loro Piana 4

In principle, the purchase means for the most multinational luxury in the world LVMH, the raid on a business line not addressed so far, for its great expertise and the high cost of their end products.

Loro Piana 3Loro Piana 1

The little son of Bernard Arnault, Antoine has been appointed as CEO of “Loro Piana” and moved to live in Milan.

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