Seeking Alpha

LVMH strikes a splashy deal in high fashion

  • LVMH Moet Hennessy (LVMHF.PK) acquired a stake in Nicholas Kirkwood's company, according to Women's Wear Daily.
  • The shoe designer is at the cutting edge of footwear fashion and has deals with over 150 department and specialty stores.
  • Terms of the deal weren't disclosed.
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