November 25, 2019 / 3:18 PM / 17 days ago

FACTBOX-M&As in vogue for luxury retailers seeking growth

Nov 25 (Reuters) - Louis Vuitton owner LVMH snapped up U.S. jeweler Tiffany & Co on Monday for $16.2 billion in its largest buyout ever, adding America’s biggest luxury name to its stable of brands.

Following is a list of luxury goods makers that have bought major fashion brands in the past few years:


The French luxury group, which sells everything from wines to perfumes, has been on a shopping spree with more than 100 deals since 2010, according to Refinitiv data. Here are some of the notable purchases:

* Luxury hotels owner Belmond for $3.2 billion in 2019

* Fashion brand Christian Dior for 6.5 billion euros ($7.16 billion) in 2017 (

* 80% stake in high-tech luggage maker Rimowa for 640 million euros ($705.41 million) in 2016 (

* Italian luxury cashmere clothing brand Loro Piana acquisition for 2 billion euros ($2.20 billion) in 2013 (

Capri Holdings Ltd

Formerly known as Michael Kors, the company transformed itself into a global house of high fashion brands with two major acquisition to take on larger European rivals. The acquisitions are:

* Italian fashion house Versace for $2.2 billion in 2018

* Luxury shoemaker Jimmy Choo for $1.2 billion in 2017 ( Tapestry Inc

The high-end fashion house, formerly called Coach Inc, made two major purchases since 2015:

* Luxury handbag maker Kate Spade for $2.4 billion in 2017 (

* Shoemaker Stuart Weitzman for $574 million in 2015 ( EssilorLuxottica SA

The Ray-Ban maker, which was formed last year in a 46 billion euros merger of Italy's Luxottica and France's lens manufacturer Essilor, agreed to buy Dutch opticians group GrandVision for 7.2 billion euros ($7.94 billion) earlier this year.( Richemont

Cartier owner Richemont bought e-commerce portal Yoox Net-a-Porter (YNAP) for 2.8 billion euros ($3.09 billion) in 2018 to compete better in an expanding online market for luxury goods. ( ($1 = 0.9073 euros) (Reporting by Soundarya J in Bengaluru; Editing by Sweta Singh and Sriraj Kalluvila)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below