L Catterton, the private equity firm backed by French billionaire Bernard Arnault and luxury goods empire Louis Vuitton Moet Hennessy, is exploring options to go public, according to people familiar with the matter.
Australian mining billionaire Andrew Forrest said his private company bought bootmaker R.M. Williams from French fashion giant LVMH, returning ownership of the famed fashion label to its home country after six years.
President Donald Trump will this week visit a new Louis Vuitton facility in Texas, which is being bolstered by local government financing, underlining his close relationship with Bernard Arnault, Europe’s richest man.
The Mexican government has questioned Louis Vuitton’s use of a traditional Mexican pattern in the design of a chair, less than a month after it sent a similar letter to another prominent fashion house.