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Christian Dior Couture's Spring 2017 show in Tokyo. | Image courtesy: Christian Dior Couture

LVMH acquires Christian Dior Couture in $13 billion deal

In a $13 billion deal, LVMH has announced it will acquire Christian Dior Couture from Christian Dior SE. The two-part agreement will merge the entire Christian Dior brand into LVMH’s fashion and leather goods division. In the first part of the deal, Groupe Arnault, the family office and personal investment arm of LVMH chairman and CEO, …

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