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It’s Almost in the Bag! The Arnault Family is Set to Buy Christian Dior for $13 Billion



Luxury group LVMH (Moët Hennessy Louis Vuitton SE)and its billionaire CEO Bernard Arnault will be taking full control of Christian Dior. The French billionaire proposed a €12 billion ($13 billion) deal on Tuesday that was cheered by the shareholders of both luxury titans according to CNN Money.

The Arnault family already owns a controlling interest in both Christian Dior and LVMH and Arnault is chairman of both firms. The family is offering to pay a 15% premium for the 26% of Dior they don’t already own. The deal would also bring Dior’s couture business under LVMH’s umbrella.

Allyson Stewart-Allen, a director at International Marketing Partners, said the deal will also help LVMH diversify. Dior’s biggest regional market is Asia, accounting for over 30% of its sales.“It’s a risk management strategy to diversify your portfolio … but it’s also about going for growth,” she said. “In the emerging markets, Dior is growing.”

The “transactions will allow the simplification of the [business] structures,” Arnault said in a written statement.

The companies said they expect the deal to close in the next few months. The proposed deal is complicated but the end goal of the transaction is simplicity.

Photo Credit: French Select | Rindoff le Segretain, The Purse Blog


  1. Concerned_Boyfriend

    April 25, 2017 at 6:09 pm

    So this is who I’ve been enriching every weekend when I pop bottles… Interesting!

    • Simi

      April 25, 2017 at 10:12 pm

      There is no way to avoid enriching this guy.
      He has a stake in half the high-end fashion, cosmetics and liquor industry. Plus supermarket chains etc. Probably owns half of French economy too. (Exaggeration, lol).
      Business savvy and don’t care

  2. Marie Antoinette

    April 25, 2017 at 6:30 pm

    Great move. ?? Vertical Integration. Dior’s LVMH’s cash cow anyways.

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