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When did Louis Vuitton merge with LVMH?

In 1987, Moet Hennessy and Louis Vuitton merged to create LVMH. Following different visions of the future of the Group, Alain Chevalier and Henri Racamier, respective leaders of MH and LV, started to fight. Racamier invited Bernard Arnault to invest in LVMH.

Why did LVMH grow so much last year?

LVMH’s €46.8bn sales last year were more than three times the size of its nearest rival, Kering. This growth has been propelled by Mr Arnault’s voracious appetite for dealmaking. Initially, he was drawn to struggling textile company Boussac because it owned one particular jewel that he wanted to get his hands on: luxury brand Christian Dior.

When did LVMH start a shopping spree?

Ben: The really interesting thing is, this all started happening in the early 90s before LVMH really went on their shopping spree.

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