The price of luxury
Corporate battles often make the headlines, but in the case of LVMH and Pinault-Printemps-Redoute (PPR), it got personal. LVMH is owned by Bernard Arnault, whose empire includes Givenchy, Krug and perfume giants Chaumet and Christian Dior. His arch rival Francois Pinault owns PPR, which comprises the Printemps store group and the La Redoute mail order […]