LVMH to consolidate hold on Christian Dior

Paris • The French magnate behind LVMH moved to incorporate Christian Dior into his luxury goods empire in a $13 billion deal. It’s the latest business coup for Bernard Arnault, who has expanded LVMH to include dozens of leading luxury brands — from high-end champagne and whiskies, to exclusive Louis Vuitton handbags, Hermes, Kenzo and Givenchy perfumes and Bulgari and TAG Heuer watches. Dior Couture, launched in 1946 and seen as the pinnacle of Paris fashion, would be a major addition to the LV...

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