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Article: LVMH Acquires Majority Stake in Bliss World.

Article from:
Business Wire
Article date:
March 18, 1999
Copyright

PARIS--(BUSINESS WIRE)--March 18, 1999--LVMH Moet Hennessy Louis Vuitton (Nasdaq:LVMHY), the world's leading luxury products group, today announced the acquisition of a majority stake in Bliss World, an American start-up in the field of cosmetics and spas.

Based in New York and founded by Marcia Kilgore, Bliss has developed successful lines of skin care and home spa products under the names Remede and Bliss, which are distributed in selected locations.

Bliss distributes a wide variety of selected beauty products through its Bliss Out catalog and its website blissworld.com.

In addition, Bliss operates the hottest spa in New York, located in Soho. ...

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