{"id":505,"date":"2017-05-02T09:19:32","date_gmt":"2017-05-02T09:19:32","guid":{"rendered":"http:\/\/blogs.isb.edu\/centre-for-family-enterprise\/?p=505"},"modified":"2025-12-31T09:41:25","modified_gmt":"2025-12-31T09:41:25","slug":"arnault-family-to-take-full-control-of-christian-dior-in-13bn-deal","status":"publish","type":"post","link":"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/2017\/05\/02\/arnault-family-to-take-full-control-of-christian-dior-in-13bn-deal\/","title":{"rendered":"Arnault Family to Take Full Control of Christian Dior in $13bn Deal"},"content":{"rendered":"

The Arnault family, which controls the French luxury products maker, LVMH Louis Vuitton Mo\u00ebt Hennessy SE, announced a $13bn plan to buy the 25.9% outstanding stake of the fashion firm Christian Dior SE. With this, the Arnault family will take complete control of Christian Dior.<\/p>\n

The move will also allow LVMH to take full charge of Christian Dior Couture, which is Christian Dior’s operarting subsidiary. Though the family already had a 74.1%\u00a0 stake in Christian Dior, Christian Dior Couture was considered as an independent affiliate of LVMH. Announcing the plans, Mr. Bernard Arnault, the founder and chief executive of LVMH said, “The plan would simplify the structure of the businesses which had long been requested by the market.<\/em>” He also opined that addition of Christian Dior Couture will strenghten LVMH’s fashion and leather goods business.<\/p>\n

 <\/p>\n

Source: Foxbusiness.com, April 25, 2017.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Arnault family, which controls the French luxury products maker, LVMH Louis Vuitton Mo\u00ebt Hennessy SE, announced a $13bn plan to buy the 25.9% outstanding stake of the fashion firm Christian Dior SE. With this, the Arnault family will take complete control of Christian Dior. The move will also allow LVMH to take full charge […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false},"categories":[2],"tags":[],"yoast_head":"\nArnault Family to Take Full Control of Christian Dior in $13bn Deal - Thomas Schmidheiny Centre for Family Enterprise<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/2017\/05\/02\/arnault-family-to-take-full-control-of-christian-dior-in-13bn-deal\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Arnault Family to Take Full Control of Christian Dior in $13bn Deal - Thomas Schmidheiny Centre for Family Enterprise\" \/>\n<meta property=\"og:description\" content=\"The Arnault family, which controls the French luxury products maker, LVMH Louis Vuitton Mo\u00ebt Hennessy SE, announced a $13bn plan to buy the 25.9% outstanding stake of the fashion firm Christian Dior SE. 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