L Catterton, the private equity firm backed by luxury French fashion house LVMH, is looking to sell its stake in Saudi Arabian gourmet food producer and restaurant chain Bateel, according to people familiar with the matter.
UK Domestic Stocks Rise Most This Year on Labour Election WinGold Pushes Higher as Investors Expect Fed Will Start to EaseShell Sees Up to $2 Billion Assets Writedown, Weaker Gas TradingBitcoin Drops for Fourth Day Even as Global Stocks Hit RecordsTurkey Bond Inflow Figures Swell With Local Banks Buying AbroadControversial Call on Carbon Credits Triggers Warning Letter to SBTiLe Pen Rejects Polls Showing Far Right Short of French MajorityUK Assets Are Back in Favor After Labour Victory,...
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L Catterton, Employees to Sell 14 Million Birkenstock SharesPrivate equity firm L Catterton and a group of employees of Birkenstock Holding Plc are offering to sell 14 million shares of the US-traded footwear maker, days after it hit its highest level since its initial public offering.
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L Catterton Group Raises $756 Million in Birkenstock Share SalePrivate equity firm L Catterton and a group of employees of Birkenstock Holding Plc raised $756 million on Wednesday from the sale of a block of shares of the US-traded footwear maker.
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HK Mall to Get $1 Billion Upgrade With Help From Hermes, LVMHHongkong Land Holdings Ltd. and retail tenants including Hermes and Louis Vuitton will invest $1 billion to revamp the developer’s high-end mall in Hong Kong in a vote of confidence in the city’s luxury retail industry.
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LVMH Chief Arnault owns stake in luxury rival Richemont, Bloomberg reportsFrench billionaire Bernard Arnault, Europe's richest man and the chairman of high fashion to champagne group LVMH, has bought a stake in smaller luxury rival...
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LVMH snaps up luxury Swiss clock maker L'Epee 1839LVMH, the world's largest luxury group, has acquired Switzerland-based speciality clock maker L'Epee 1839, boosting its expertise in high-end watch making...
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LVMH unit put under court administration in Italy over labour exploitationThe Dior investigation focused on four Chinese suppliers employing 32 workers in the surroundings of Milan
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