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LVMH Group takes majority share in niche fragrance house Maison Francis Kurkdjian

Added: 20.03.2017 23:19 | 14 views | 0 comments

Source: beauty.ladymax.cn
Source: beauty.ladymax.cn

French luxury goods conglomerate LVMH and Maison Francis Kurkdjian have decided to join forces in order to pursue the long-term development of the young niche fragrance house. Financial terms of the deal were not disclosed. However, the agreement provides that LVMH will acquire a majority share in Maison Francis Kurkdjian, while co-founders Marc Chaya and Francis Kurkdjian will remain shareholders in the company and will continue in their current roles as Chief Executive Officer and (...) -

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Tags: France

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