
It's been a minute since we've heard any buzz about John Galliano's successor at Christian Dior, that is until now.
The rumor du jour is LVMH boss Bernard Arnault wants Marc Jacobs to take over the gig because his image would be good for the fashion house.
So what does that mean for Louis Vuitton?
Since MJ has already renewed his creative director contract he could do both, but according to sources he'll most likely have to choose one or the other.
After nearly 15 years at Louis V, maybe a change would be good for Marc.
What do U think???
[Image via WENN.]
Tags: bernard arnault, creative director, dior, lvmh, lvmh moet hennessy louis vuitton, new creative director, successor
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Someone's got money to burn!
LVMH is looking to add another brand to their already massive arsenal.
After the luxury group acquired Bulgari this week, Burberry's stock rose 4%, which left analysts speculating that a buyout is looming.
But they probably won't go down without a fight because rivals PPR have wanted to buy the trench coat company for some time.
Only time will tell.
[Image via AP Images.]
Tags: buyout, lvmh moet hennessy louis vuitton, ppr
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And another one bites the dust.
LVMH Moët Hennessy Louis Vuitton may not be able to get their hands on Hermes, but that's not the case for Bulgari.
The luxury group announced on Monday they struck a deal with the Bulgari family, who gave up 51% of their controlling stake of the jewelry company for 16.5 million shares of LVMH.
Wow.
And as if that wasn't enough, Bulgari earned themselves two seats on the LVMH board.
Not a bad deal if you ask us.
[Image via AP Images.]
Tags: buy out, lvmh moet hennessy louis vuitton, shares, take over
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