LVMH To Acquire ID Kids Brand
The luxury conglomerate LVMH, owned by Bernard Arnault, has completed the acquisition of scientific publications Sciences et Avenir and La Recherche. These legacy titles, which have been in circulation for 79 and 56 years respectively, were purchased alongside the economic magazine Challenge in December. The editorial teams have requested the signing of an independence charter to protect their journalistic integrity following the takeover. The fashion group LVMH has received approval from competition authorities to acquire a children's fashion brand. The brand was previously owned by the ID Kids group for 21 years.
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Sources · 7 independent
RFI Monde
“Les rédactions Les Trois Magasines ont demandé son succès la signature d'une charte d'indépendance par leur nom.”
France Info
“L'entreprise vient d'obtenir le feu vert de l'autorité de la concurrence pour prendre le contrôle de l'enseigne de mode pour enfants qui appartenait depuis 21 ans au groupe nordiste ID Kids.”
RFI Afrique
“chinois qui ont pourtant leurs habitudes au Nigeria et au Burkina Faso.”
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