Luxury giant LVMH has held exploratory discussions with Ralph Lauren about a possible acquisition, according to several sources.
Ralph Lauren waves to the audience at the end of a fashion show. Photo: Desiree Navarro/WireImage
Sources say the founder, chairman and chief creative officer Ralph Lauren is weighing a succession plan for the business he founded in 1967. It would be viewed by Lauren as a crowning achievement after building one of the most valuable fashion brands in the U.S.Last year, the company sold apparel chain Club Monaco to the PE firm Regent as part of its makeover.LVMH has been hesitant about making acquisitions of large U.S. brands given the different business approaches toward luxury between Europe and the U.S.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Filming Commences on BBC’s ‘The A-Word’ Spin-Off ‘Ralph & Katie’, Forged By An All-Disabled Writing Team Overseen By Peter BowkerBBC One’s The A Word spin-off Ralph & Katie, which was created by a group of disabled writers overseen by Peter Bowker, has entered production in Manchester and the Lake District. The six…
Lire la suite »
Top 10 most iconic fashion moments for women on recent Oscars red carpetsWho can forget Janelle Monae's hooded Ralph Lauren gown? Or Julia Roberts' 2001 vintage Valentino look?
Lire la suite »
Top 10 most iconic fashion moments for women on recent Oscars red carpetsWho can forget Janelle Monae's hooded Ralph Lauren gown? Or Julia Roberts' 2001 vintage Valentino look?
Lire la suite »
Ask Amy: She told our co-workers I went psycho on herAll I did was ask her not to flirt with this other guy we work with.
Lire la suite »
Affect Theory and the New Age of AnxietyThe literary scholar and cultural theorist Lauren Berlant saw the American Dream as cruel optimism, a condition “when something you desire is actually an obstacle to your own flourishing.”
Lire la suite »
Ruinart pays tribute to beavers with Frieze LA collaborationLVMH-owned Champagne house Ruinart marked the Frieze Los Angeles art fair with a collaboration spotlighting sustainability.
Lire la suite »