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LVMH Acquires Controlling Stake In MAKE UP FOR EVER Cosmetics by Todd Melancon
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LVMH Acquires Controlling Stake In MAKE UP FOR EVER Cosmetics |
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Fashion & Cosmetics
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PARIS--(Business WIRE)--Nov. 4, 1999--
LVMH LVMH Moët Hennessy-Louis Vuitton (upscale retailer) Moet Hennessy Louis Vuitton The Louis Vuitton Company (more commonly known simply as Louis Vuitton) is really a luxury French fashion and leather goods brand and company, headquartered in Paris, France. marketplace for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is definitely an automated quotation method that reports on :LVMHY), the world's top luxury goods group, now announced that it has acquired a controlling equity stake in MAKE UP FOR EVER.
The Parisian suburb French company was co-founded by Jacques Waneph and Dany Sanz-Davalinas, Inventive Director. They're going to each remain using the corporation.
MAKE UP FOR EVER was a single in the initial French "Make Up Artist " firms, using a shop situated in the rue de la Boetie in Paris devoted to specialist products for the make-up artists community.
The business has created a sizable line of make up distributed in selective outlets in France, the USA, Canada, Japan, Korea and 30 other nations.
LVMH will assistance speed up the improvement of MAKE UP FOR EVER internationally and in new distribution network. A project of a new line of MAKE UP FOR EVER goods are going to be created particularly for one of our associated companies.
Patrick Choel, President of LVMH's Fragrances and Cosmetics Group, is delighted with this new acquisition which complements the other Group brands: "The deep qualified roots of MAKE UP FOR EVER, together with all the wide line of high-quality solutions, supply a higher degree of credibility to get a demanding clientele."
Myron Ullman, Group Managing Director, stated: "This French primarily based international cosmetic corporation reinforces the Fragrances and Cosmetics Group in an region of powerful prospective."
LVMH Moet Hennessy Louis Vuitton is definitely the world's major luxury solutions group. Its prestige brands Prestige Brands, Inc. NYSE: PBH is actually a business that manufactures personal care and home cleaning goods. It was formed by the merger of Medtech Items, Inc., Prestige Brands International, and also the Spic and Span Enterprise. The corporation is headquartered in Irvington, New York. include Dom Perignon Dom Perignon
renowned vintage French champagne. [Western Cult.: Misc.]
See : Luxury , Moet Chandon, Veuve Clicquot, Krug and Pommery champagnes; Hennessy and Hine cognacs; Louis Vuitton, Loewe, and Celine luggage, leather goods and accessories; Christian Dior Noun 1. Christian Dior - French couturier whose first collection in 1947 made a style that became generally known as the New Appear (1905-1957)
Dior , Givenchy, Kenzo, and Guerlain perfumes and cosmetics; Sephora, Marie-Jeanne Godard, and Le Bon Marche in selective retailing; Fred in jewelry; and Givenchy, Christian Lacroix Christian Marie Marc Lacroix (May 16 1951 in Arles, France) is actually a French style designer. Early life
In early childhood, Lacroix attended bullfighting events and enjoyed Gypsy and Provencal traditions too. , and Kenzo in couture and fashion. LVMH holds a 61.25% interest in DFS (Distributed File Method) An enhancement to Windows NT/2000 and 95/98 that enables files scattered across a number of servers to become treated as a single group. With Dfs, a network administrator can construct a hierarchical file technique that spans the organization's LANs and , the world leader in luxury goods distribution.If you like celine please Visit our celine wallet! Happy shopping!
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