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Arnault: LVMH a “Pacifist” Shareholder in Hermes

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Paris—Bernard Arnault, chairman of LVMH, struck a conciliatory tone late last week about his company’s stake in Hermès, which has been viewed as hostile by the majority shareholders, mostly family members of Hermès’ founders. Speaking to French publication Challenges, Arnault reiterated previous statements from LVMH that its stake in Hermès …

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De Rigo Vision and MARR Int’l Sign Venture for N. American Market

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Longarone, Italy–Italian eyewear company De Rigo Vision S.p.A, will expand into the U.S. and Canadian market through a joint venture with Marr International Group. The agreement will initially distribute De Rigo brands Celine, Chopard, Givenchy and Furla, followed by Police, Escada, Ermenegildo Zegna and Blumarine, from January 2011 onwards. The …