Articles > Government magazines > News and Education magazines > The Economist (US) articles > May 1989

Article: Touche. (Moet Hennessy-Louis Vuitton) (company profile)

Article from:
The Economist (US)
Article date:
May 27, 1989
Copyright

Moet Hennessy-Louis Vuitton

Touche

PARIS

MOET Hennessy-Louis Vuitton (LVMH) of France is the perfect company for an industry that lives on superlatives. It is the world's top producer of luxury goods, and its stockmarket capitalisation of FFr48 billion ($7 billion) makes it France's biggest quoted company. Since early 1989, it has also been the subject of France's most dazzling corporate duel, fought by 40-year-old Mr Bernard Arnault, its chairman, and Mr Henry Racamier, the 76-year-old boss of the once-independent Louis Vuitton.

Their fight, billed as a contest between exemplars of a new generation of young financiers and a waning ...

Read all of this article with a FREE trial

Related newspaper, magazine, and journal articles:

Article: Louis Vuitton and Moet-Hennessy ...
PR Newswire;  June 3, 1987 ;     700+ words ... ... TO BUSINESS DESK: LOUIS VUITTON AND MOET-HENNESSY ANNOUNCE MERGER PLAN ... of both companies. Moet-Hennessy and Louis Vuitton will have equal status ... company will be called: Moet-Hennessy Louis Vuitton The intention of both ...

Article: LVMH Moet Hennessy-Louis Vuitton ...
PR Newswire;  September 3, 1987 ;     700+ words ...LVMH MOET HENNESSY-LOUIS VUITTON SHAREHOLDERS APPROVE MERGER ... is henceforth called LVMH Moet Hennessy Louis Vuitton. Shareholders also ratified ... time trading the new LVMH Moet Hennessy Louis Vuitton shares will begin on the ...

Article: Luxury's final lap? (Louis ...
The Economist (US);  January 14, 1989 ;     700+ words ... ... biggest de luxe firm, Louis Vuitton-Moet-Hennessy. When the fancy ... firms, which include Louis Vuitton, but not Moet-Hennessy, employ 25,000 ... harder and harder. Louis Vuitton and Moet-Hennessy tried a different ...

Article: LVMH alleges Vuitton fraud. (LVMH Moet-Hennessy ...
WWD;  December 6, 1989 ;     700+ words ... ... VUITTON FRAUD PARIS - LVMH Louis Vuitton Moet Hennessy has filed a complaint with ... management of its subsidiary, Louis Vuitton SA, is guilty of criminal ... Sornay, a small shareholder in Louis Vuitton, accusing Henry Racamier ...

Article: Arnault predicts LVMH operating net will rise. (Bernard Arnault, ...
WWD;  June 6, 1991 ;     700+ words ... ... Group operating profit of LVMH Moet Hennessy Louis Vuitton will rise in 1991, chairman ... Henry Racamier, the former Louis Vuitton chairman and Arnault's corporate ... spring. In addition to the Louis Vuitton leather goods business, the ...

Article: Moet-Vuitton: a luxe combo. (Louis Vuitton and ...
WWD;  July 10, 1987 ;     700+ words ... ... merger between Louis Vuitton and Moet-Hennessy last month brings ... company, LV MH Moet-Hennessy Louis Vuitton. As reported ... president and ceo of Louis Vuitton, becomes president ... president and ceo of Moet-Hennessy U.S. Corp ...

Article: Racamier: firm in Arnault battle. (Henry Racamier, chairman of ...
WWD;  June 26, 1989 ;     700+ words ... ... s days at the head of Louis Vuitton may be numbered but this ... Guinness PLC controls LVMH Moet Hennessy Louis Vuitton, France's largest luxury ... the principals on which Louis Vuitton and Moet Hennessy first merged." He declined ...

Article: Louis Vuitton Moet Hennessy Blames ...
Knight Ridder/Tribune Business News;  July 17, 2002 ;     574 words ...By Sarah Marks, Evening Standard, London Knight Ridder/Tribune Business News Jul. 17--Louis Vuitton Moet Hennessy posted a lower-than-expected rise in first-half turnover, sending a chill throughout the luxury goods ...

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!

Find articles, research, and archives