NETHERLANDS: LVMH Continues Gucci Battle
The battle between management at luxury goods group Gucci and its minority shareholder, LVMH CEO Bernard Arnault, continue, reported Il Sole. Yesterday Mr Arnault refused to approve the Gucci 2000 balance sheet. A spokesman for LVMH said there were only two ways to resolve the situation. Either PPR, which has a 42 per cent stake in the group, bids for Gucci or the Dutch court declares the 1999 transaction null and void.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-style gives you the widest apparel and textile market coverage.
Paid just-style members have unlimited access to all our exclusive content - including 17 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Leonie Barrie, editor of just-style
Help test our new apparel sourcing tool.
- US apparel sector braces for potential cost hikes
- Trade Tracker – Trump's first weeks, Brexit agenda
- Vietnam grows share of US apparel imports in 2016
- Does a hard Brexit mean hard times for UK fashion?
- Key trade issues facing US textiles and apparel
- Bangladesh "high threat" for terrorist activity
- VF Corp sees Q4 and FY earnings tumble
- Ralph Lauren new execs to support Way Forward Plan
- Sales at US clothing retailers jumped in January
- Li & Fung dropped from Hang Seng Index
- When Things Go Wrong - A Practical Guide to Managing Common Problems in Apparel Sourcing
- Outdoor performance apparel 2016: A broader perspective
- Technical textile markets: product developments and innovations, December 2016
- Global market review of lingerie – forecasts to 2022
- Southeast Asia strategic sourcing review – a focus on Cambodia, Vietnam and Myanmar