Douglas Said to Be Final Bidder for Sephora Retail Rival Nocibé

Nocibé Boutique La Roche-sur-Yon | Source: Les Flâneries

LONDON, United Kingdom — Douglas Holding AG, the German cosmetics retailer owned by Advent International Corp., is the final bidder for French perfume and cosmetics retailer Nocibé SA from Charterhouse Capital Partners LLP, according to people with knowledge of the process.

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LVMH Fined $10.4M for Hermès Share Purchases

PARIS, France — France's market regulator is fining luxury conglomerate LVMH Moet Hennessy Louis Vuitton 8 million euros ($10.4 million) for not disclosing its intention to build up a significant stake in handbag and scarf maker Hermès. The AMF said Monday that LVMH was too slow in revealing its stake, which was built by using foreign subsidiaries. Large transactions are supposed to be disclosed quickly since they can affect share prices. LVMH raised its stake in Hermes to 14.2 percent in 2010, to the apparent dismay of the Hermès family. Hermès has accused the luxury giant of insider trading, claims the Paris prosecutor's office is investigating. LVMH, which since increased its stake to 22.3 percent, has called those charges unfounded…

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Power Moves | Delphine Arnault to Leave Dior for Louis Vuitton

Delphine and Antoine Arnault | Source:

PARIS, France ­— According to market sources, Delphine Arnault, the eldest child of LVMH chairman and chief executive Bernard Arnault, will leave her post as deputy general manager of Dior, which she has held since 2008, for a position at the group's largest luxury brand, Louis Vuitton, effective this September.

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Meet the Artisans: LVMH Fires New Shot in Luxury Marketing War

Source: LVMH, Les Journées Particulières

PARIS, France — LVMH will throw open the doors of its Louis Vuitton workshops and Hennessy cognac cellars at the weekend in the latest salvo of an advertising war among luxury groups to show off the craftsmanship behind their brands.

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LVMH Counts On Sephora for Growth as Louis Vuitton Slows

Sephora Flagship, Champs Elysées, Paris | Source: Courtesy

PARIS, France — With Vuitton’s sales growth slowing from Barcelona to Beijing, Sephora will help LVMH’s Selective Retailing unit overtake fashion and leather goods as its biggest business by 2018, Sanford Bernstein estimates.

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