AMM reports… LVMH takes over Bulgari!

 LVMH looks set to dominate the luxury market with the new aquisition of Bulgari in a S$6.5b takeover.

LVMH already has brands such as Louis Vuitton, Chaumet, Fred jewllery, Celine and Kenzo fashion, Hennessy cognac and Moet & Chandon champagne under their name.

According to reuters, the addition of Bulgari will double LVMH’s watch and jewellery business.

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