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A Rimowa luggage store in New York on Wednesday, October 5, 2016. LVMH, the French luxury group, will buy an 80 percent stake in the German luggage manufacturer Rimowa for $716 million.

By A Mystery Man Writer
A Rimowa luggage store in New York on Wednesday, October 5, 2016. LVMH, the French luxury group, will buy an 80 percent stake in the German luggage manufacturer Rimowa for $716 million.
A Rimowa luggage store in New York on Wednesday, October 5, 2016. LVMH, the French luxury group, will buy an 80 percent stake in the German luggage manufacturer Rimowa for $716 million.

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A Rimowa luggage store in New York on Wednesday, October 5, 2016. LVMH, the French luxury group, will buy an 80 percent stake in the German luggage manufacturer Rimowa for $716 million.

LVMH Buys an 80% Stake in Rimowa for $717 Million

A Rimowa luggage store in New York on Wednesday, October 5, 2016. LVMH, the French luxury group, will buy an 80 percent stake in the German luggage manufacturer Rimowa for $716 million.

A Rimowa luggage store in New York on Wednesday, October 5, 2016. LVMH, the French luxury group, will buy an 80 percent stake in the German luggage manufacturer Rimowa for $716 million.

A Rimowa luggage store in New York on Wednesday, October 5, 2016. LVMH, the French luxury group, will buy an 80 percent stake in the German luggage manufacturer Rimowa for $716 million.

LVMH Is Paying $716 Million for a Stake in a High-Tech Luggage Maker

A Rimowa luggage store in New York on Wednesday, October 5, 2016. LVMH, the French luxury group, will buy an 80 percent stake in the German luggage manufacturer Rimowa for $716 million.

LVMH Bags Rimowa to Bolster Luxury Luggage Range - WSJ

A Rimowa luggage store in New York on Wednesday, October 5, 2016. LVMH, the French luxury group, will buy an 80 percent stake in the German luggage manufacturer Rimowa for $716 million.

Group lvmh hi-res stock photography and images - Alamy

A Rimowa luggage store in New York on Wednesday, October 5, 2016. LVMH, the French luxury group, will buy an 80 percent stake in the German luggage manufacturer Rimowa for $716 million.

LVMH abandons US$16 billion Tiffany & Co. takeover deal – 6 brands LVMH has actually bought since 2015, from Rimowa suitcases to Belmond hotels

A Rimowa luggage store in New York on Wednesday, October 5, 2016. LVMH, the French luxury group, will buy an 80 percent stake in the German luggage manufacturer Rimowa for $716 million.

Suitcases store hi-res stock photography and images - Alamy