Skip Nav
Summer
How to Live Out the Rest of the Summer in Your Favorite Wardrobe Staples
Gigi Hadid
Gigi Hadid's Favorite NYC Accessory Is Yours Too
Jennifer Aniston
Jennifer Aniston's Best Summer Outfits All Include This Affordable Staple

Bernard Arnault Buys Heritage Luggagemaker Moynat; LVMH Reportedly Considering Bid for Jimmy Choo

Bernard Arnault's Buying Streak — Bulgari, Heritage Brand Moynat Acquired; Jimmy Choo May Be Next

>> Bernard Arnault has been on a buying streak — a week ago, LVMH acquired Bulgari, which returned to profitability in 2010. Through his investment firm Groupe Arnault, Arnault recently purchased Moynat, the 19th-century trunk-maker five years older than Louis Vuitton, with intentions to reinvigorate the brand (which is best known for its lightweight, waterproof automobile trunks). And now, he may be circling Jimmy Choo, as well.

LVMH is reportedly considering a bid on the shoe brand, which kicked off its sale at the beginning of this month to the interest of more than 10 potential bidders — and is expected to go for between £400 million and £500 million (approx. $644 million and $805 million).

Around The Web
Join The Conversation
Rose Byrne Valentino Dress X-Men Apocalypse Screening 2016
Kendall Jenner Elie Saab Dress at Cannes Chopard Party 2016
Michelle Obama Black Suit at Invictus Games 2016
Statement Necklaces at the Oscars 2015
SAG Awards Jewelry 2015
Anna Kendrick Altuzarra Dress BAFTA Television Awards 2016
Jewelry at the Bulgari Decades of Glamour Event | Video

POPSUGAR, the #1 independent media and technology company for women. Where more than 75 million women go for original, inspirational content that feeds their passions and interests.

From Our Partners
Latest Fashion
X