rimowa sold to louis vuitton | Rimowa germany rimowa sold to louis vuitton French luxury group LVMH , owner of the Louis Vuitton brand, has agreed to buy an 80 percent stake in high-tech luggage maker Rimowa for 640 million euros ($716 million), its first. $18K+
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French luxury group LVMH , owner of the Louis Vuitton brand, has agreed to buy an 80 percent stake in high-tech luggage maker Rimowa for 640 million euros . LVMH, whose brands include Christian Dior, Givenchy and Louis Vuitton, said on Tuesday that it had reached a €640m deal with Rimowa, the Cologne-based company best .
French luxury group LVMH , owner of the Louis Vuitton brand, has agreed to buy an 80 percent stake in high-tech luggage maker Rimowa for 640 million euros (6 million), its first.
LVMH, whose brands include Christian Dior, Givenchy and Louis Vuitton, said on Tuesday that it had reached a €640m deal with Rimowa, the Cologne-based company best known for its expensive. Rimowa’s ribbed aluminium suitcases, a common sight in airport security lines, are owned by celebrities including Will.i.am and Gwyneth Paltrow. Selling for as little as 0, the cases are less of a luxury than LVMH’s Louis Vuitton, whose .
Rimowa may be sold on the same streets as Chanel and Ferragamo, but its dual appeal as both a status symbol and ultra-functional workhorse for frequent travellers has overlap with emerging luxuries like cold plunges, high-end coffee machines, LED face masks and other useful splurges. . LVMH stablemate Louis Vuitton has sought to underscore . Luxury goods conglomerate LVMH Moët Hennessy Louis Vuitton has agreed to purchase an 80% stake in German suitcase maker Rimowa for €640 million, or about 7 million, according to a press.
Rimowa lvmh
LONDON — LVMH Moët Hennessy Louis Vuitton, the largest luxury conglomerate in the world, said on Tuesday that it had agreed to buy a controlling stake in the German luggage brand Rimowa for 640.
As German luggage maker Rimowa opens its 125th-anniversary exhibition in Tokyo on 9 June, observers will recognise a tried-and-trusted LVMH formula for transforming brands into global juggernauts — one that began at Dior, moved on over decades at Louis Vuitton, Loewe and Dom Pérignon and will soon make its mark, to be sure, at Tiffany. Luxury giant LVMH owns iconic household names like Louis Vuitton, Dior, and Tiffany and Co. And yet, one of its fastest-growing companies is a brand you might not have heard of — Rimowa.
PARIS — Artist collaborations, digital features and a push into the U.S. are among probable new growth avenues for elite luggage maker Rimowa in the wake of its acquisition by LVMH Moët Hennessy.
French luxury group LVMH, owner of the Louis Vuitton brand, has agreed to buy an 80% stake in high-tech luggage maker Rimowa for 640 million euros (6 million), its first acquisition in.
Rimowa luggage company
French luxury group LVMH , owner of the Louis Vuitton brand, has agreed to buy an 80 percent stake in high-tech luggage maker Rimowa for 640 million euros (6 million), its first.
LVMH, whose brands include Christian Dior, Givenchy and Louis Vuitton, said on Tuesday that it had reached a €640m deal with Rimowa, the Cologne-based company best known for its expensive. Rimowa’s ribbed aluminium suitcases, a common sight in airport security lines, are owned by celebrities including Will.i.am and Gwyneth Paltrow. Selling for as little as 0, the cases are less of a luxury than LVMH’s Louis Vuitton, whose .
Rimowa may be sold on the same streets as Chanel and Ferragamo, but its dual appeal as both a status symbol and ultra-functional workhorse for frequent travellers has overlap with emerging luxuries like cold plunges, high-end coffee machines, LED face masks and other useful splurges. . LVMH stablemate Louis Vuitton has sought to underscore . Luxury goods conglomerate LVMH Moët Hennessy Louis Vuitton has agreed to purchase an 80% stake in German suitcase maker Rimowa for €640 million, or about 7 million, according to a press.
LONDON — LVMH Moët Hennessy Louis Vuitton, the largest luxury conglomerate in the world, said on Tuesday that it had agreed to buy a controlling stake in the German luggage brand Rimowa for 640. As German luggage maker Rimowa opens its 125th-anniversary exhibition in Tokyo on 9 June, observers will recognise a tried-and-trusted LVMH formula for transforming brands into global juggernauts — one that began at Dior, moved on over decades at Louis Vuitton, Loewe and Dom Pérignon and will soon make its mark, to be sure, at Tiffany.
Luxury giant LVMH owns iconic household names like Louis Vuitton, Dior, and Tiffany and Co. And yet, one of its fastest-growing companies is a brand you might not have heard of — Rimowa. PARIS — Artist collaborations, digital features and a push into the U.S. are among probable new growth avenues for elite luggage maker Rimowa in the wake of its acquisition by LVMH Moët Hennessy.
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