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LVMH invests in 2XU

04/12/2013

Luxury group LVMH Moet Hennessy Louis Vuitton has paid $80 million for a 40% stake in compression specialist 2XU through its Singapore-based investment fund L Capital Asia. It reportedly wants to grow the brand in Asia, as well as Europe and the US, where it currency has one store. The Australian company had sales of $65 million this year and...

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