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“The pandemic belt tightening is over and LVMH (EPA:MC)’s customers have been splashing out on the little luxuries in a post crisis splurge. Organic half year revenue growth jumped by 53% compared to 2020, and crucially by 11% compared to 2019 levels to reach €28.7 billion. Q2 2021 hedge fund letters, conferences and more As vaccination rates increased during the second quarter of 2021 and confidence in the economic recovery took hold, wallets were unzipped with a vengeance. Fashion and leather goods were in demand with big spenders pushing revenue growth up by a record 81% compared to the sam...
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Etsy Acquires Depop for $1.6 billion: 5 Of The Most Famous Fashion Business Acquisitions Ever Q1 2021 hedge fund letters, conferences and more Etsy Acquires DepopFollowing todays announcement thatEtsy has spent $1.6 billion on buying the British fashion app Depop, the team at business formation providers ZenBusiness have delved into the archives to look into some of the most famous - and expensive - business acquisitions of the past within the fashion industry. Kering Acquires Gucci & Yves Saint Laurent (1999)$3 billion ($4.8 billion)*In 1999, Kering - a French-based global luxury brand former...
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