French luxury goods giant LVMH on Tuesday confirmed it is seeking up to $100 million in damages from Morgan Stanley amid allegations the US bank published unfair stock analysis. The suit, which was filed in Paris earlier this month, claims Morgan Stanley's research on the world's largest luxury retailer was biased due to its close investment banking relationship with major rival Gucci Group NV.
FRANCE: LVMH Files $100m Suit Against Morgan Stanley
Get full access to all content, just $1 for 30 days
just-style gives you the widest apparel and textile market coverage.
Paid just-style members have unlimited access to all our exclusive content - including 21 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
Most Popular
Insights
- North Face sees regenerative cotton opportunity
- Field to Shelf – A stuck boat & other calamities
- Primark hails record sales as stores repoen
- Boohoo deserves applause for model factory concept
- Why sustainability must drive fashion's reset
News
- Fashion Revolution urges shift in relationships
- J.Crew outlines new sustainability initiative
- US drops Vietnam from currency manipulators list
- Uzbekistan joins EU’s GSP+ duty-free arrangement
- Lululemon enters re-commerce market with Like New
Market research
- Apparel Market in United States of America (USA) to 2024 with COVID-19 Impact Analysis
- Global Sportswear Market to 2025 with COVID-19 Impact Analysis
- China In-depth PESTLE Insights
- Levi Strauss & Co (LEVI) - Financial and Strategic SWOT Analysis Review
- Global apparel trade and trade policy: the world's leading clothing exporters and key markets, December 2020
Oops! This article is copy protected.
Why can’t I copy the text on this page?
The ability to copy articles is specially reserved for people who are part of a group membership.
How do I become a group member?
To find out how you and your team can copy and share articles and save money as part of a group membership call Sean Clinton on
+44 (0)1527 573 736 or complete this form..
MAGAZINE