News

LVMH acquires high-end Italian wool apparel company

09/07/2013

The Loro Piana family has announced the sale of a majority stake in their high-end wool-based textile and apparel company to luxury group LVMH. At the time of the announcement, LVMH chief executive, Bernard Arnault, commended the “unique quality and craftsmanship” of Loro Piana products and also the company’s “unbroken heritage and careful family ...

To continue reading this story, please sign in or register.

Related stories:

Sportswear focus for LVMH prizewinners 20/05/2024

Sportstextiles.com cannot be held responsible for content if the language setting is changed from English.

The translations provided by Google Translate are automated and therefore might not be accurate and may contain incorrect, offensive or misleading language. We offer this facility as a guide only.