LVMH buys Italian jewelry manufacturer

French luxury conglomerate Louis Vuitton Moët Hennessy (LVMH) has purchased the Pedemonte Group, an Italian jewelry manufacturer. Pedemonte is currently under the control of Luxembourg-based private-equity firm Equinox.Headquartered in…

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Continued sales growth for LVMH in Q3

French luxury conglomerate Louis Vuitton Mot Hennessy (LVMH) is celebrating a strong third quarter sales performance, spearheaded by Tiffany & Co and Bulgari. In the first nine months of…

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