PARIS: Luxury goods group LVMH is in talks to sell its loss-making Christian Lacroix couture house to a family of investors, an industry source said yesterday, confirming a media report.
Le Nouvel Observateur weekly said on its website LVMH had presented plans internally to sell the couture house to the three Fallic brothers, Americans of Lebanese and Russian origin who control a duty free retailer with sales of US$620mil.
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