Gucci's YSL buys Mendes to aid brand

Article Abstract:

Gucci Group NV's Yves Saint Laurent Couture division acquired a majority share in C. Mendes SA. YSL acquired 66% of Mendes for an undisclosed amount.

Women's Apparel, Women's and Girls' Cut and Sew Apparel Manufacturing, Women's clothing industry, Clothing industry, Women's clothing, Yves Saint Laurent Couture S.A., C. Mendes S.A.

---

Gucci enters agreement to acquire Boucheron from Schweizerhall

Article Abstract:

Gucci Group NV will acquire Boucheron International SA for an undisclosed amount. Gucci will also repurchase more licenses from Yves Saint Laurent.

Toiletries, Toilet Preparation Manufacturing, Toilet preparations, Toiletries industry, Boucheron

---

LVMH raises its stake in Gucci Group to 34%

Article Abstract:

LVMH Moet Hennessy Louis Vuitton SA has increased its share of Gucci Group NV to 34%. The move is part of LVMH's attempt to gain control of Gucci, a leather goods and fashion brand based in Italy. Before the deal, LVMH held a 27% share of Gucci. LVMH has been looking for takeover deals in order to compensate for its losses at its DFS Group Ltd. unit. With the newest deal, LVMH has now spent as much as $1.44 billion to raise its share in Gucci.

Comment:

LVMH increases its share of Gucci Group NV to 34%

Foreign operations, LEATHER AND LEATHER PRODUCTS, Leather & Products, Leather and Allied Product Manufacturing, Abstract, LVMH Moet Hennessy Louis Vuitton S.A., Leather industry, Leather goods

Similar abstracts:

• Abstracts: Univision agrees to acquire U.S. TV stations for $1.1 billion. USA Networks buys 75% stake in Styleclick
• Abstracts: German government saves Holzmann from bankruptcy with fresh capital. Holzmann probe widens as offices are raided
• Abstracts: UPC agrees to acquire EWT/TSS as fallback strategy in Germany. UPC agrees to buy Eneco's cable assets
• Abstracts: Netherlands seeks to enhance forces' role in multinational operations. Netherlands plans communications restructure
• Abstracts: Philip Morris Agrees To Acquire Nabisco. An IPO May Set the Stage for a Tobacco Spinoff. The $14.91 Billion Deal Creates a Food Powerhouse

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.