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Article: LVMH Acquires American Cosmetics Company FRESH.
- Article from:
- Business Wire
- Article date:
- September 25, 2000
CopyrightCOPYRIGHT 2000 Business Wire. 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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Business Editors
PARIS--(BUSINESS WIRE)--Sept. 25, 2000
LVMH Moet Hennessy Louis Vuitton, the world's leading luxury products group, today announced that it has acquired a majority stake in the American beauty, fragrance and cosmetic company FRESH, based in Boston.
Founded in 1991 by Alina ROYTBERG and Lev GLAZMAN, who will continue to manage the company and retain a significant ownership interest, the fast-growing beauty company has developed a comprehensive line of sophisticated, high-quality products based mainly on natural ingredients. While capturing the spirit of ancient beauty methods, FRESH's products fit effortlessly into today's ...