Tag Archives: Piana
Luxury group LVMH completes purchase of Italy’s Loro Piana
(ANSA) – Paris, December 5 – French luxury group LVMH said Thursday that it has completed its takeover of Italian high-end cashmere producer Loro Piana. The Loro Piana family will retain a 20% share in the company and brothers Sergio … Continue reading
EU competition watchdog approves takeover of Loro Piana
(ANSA) – Brussels, November 18 – European competition authorities on Monday approved the takeover of Italian high-end cashmere producer Loro Piana by the French luxury group LVMH. Regulatory authorities said they saw no issues concerning competition raised by the two-billion-euro … Continue reading