Why the Acquisition of Tiffany & Co is Important for LVMH
A month earlier, according to Music Business Worldwide, UMG acquired the remaining 51% of PIAS, Europe’s largest independent music company. These acquisitions illustrate Universal’s recognition that this is where the revenue growth in the music industry is happening.
Kristin Westcott Grant • Catalogs, Indies, And Emerging Markets: The Strategic Acquisitions Of 2024
The exceptional (sometimes criticized) margins at Louis Vuitton did not arise from excessively high prices, but from the removal of all costs and damages due to intermediaries. Louis Vuitton’s competitiveness
was therefore structural”