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Article: Moet-Vuitton: a luxe combo. (Louis Vuitton and Moet-Hennessy)
- Article from:
- WWD
- Article date:
- July 10, 1987
- Author:
CopyrightCOPYRIGHT 1987 Conde Nast Publications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Moet-Vuitton: A luxe combo
It seems like the ideal marriage--and it just might work out that way.
The merger between Louis Vuitton and Moet-Hennessy last month brings together two companies that not only share common interests but come from the same aristocratic background.
With their international foothold in cosmetics and champagne, plus Vuitton's premier luggage and leathergoods line, they are expected to produce a profit of $220 million this year. Further, the potential for growth is enormous.
This is how they met and why so many people on both sides of the Atlantic expect so much of them.
In early June, the two companies ...