LVMH Eyeing Up Ralph Lauren, Axios Reports
February 23 2022 - 5:28AM
Dow Jones News
--French luxury-goods giant LVMH Moet Hennessy Louis Vuitton SE
has held exploratory talks with U.S. fashion company Ralph Lauren
about a takeover, which could be one of the sector's biggest of all
time, U.S. news site Axios reports, citing unnamed sources.
--Talks between the two companies have gone on for the last
couple of years as Ralph Lauren's eponymous founder aims to secure
the future of his business, Axios reports.
--Neither LVMH nor Ralph Lauren responded to requests for
comment.
Full story: https://bit.ly/3sZUlO6
Write to Joshua Kirby at joshua.kirby@wsj.com;
@joshualeokirby
(END) Dow Jones Newswires
February 23, 2022 06:13 ET (11:13 GMT)
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