LVMH Takes Control Of Bulgari, Is Still Despised By Hermès

by Julia Rubin | 11:05 am, March 7th, 2011

In a surprisingly drama-free arrangement, LVMH has taken control of Bulgari and the Bulgari family has become a major stakeholder in LVMH. The whole thing sort of reminds us of an elementary school lunchtime transaction (I’ll trade you my chips for your Oreos!), and we mean that in a good way.