LVMH Acquires 70% Majority Stake In Bliss World Spa Start-Up
This article was originally published in The Rose Sheet
Executive Summary
Moet Hennessey Louis Vuitton is acquiring a 70% majority stake in the New York City-based home spa, cosmetics and skin care company Bliss World, LVMH announced March 18.
You may also be interested in...
LVMH Fragrances, Cosmetics Sales Four Times That Of World Market - Choel
LVMH fragrance and cosmetics sales have increased approximately 20% compared to world market growth of about 5% for the first half of the year, Fragrances and Cosmetics Division President Patrick Choel stated.
LVMH Fragrances, Cosmetics Sales Four Times That Of World Market - Choel
LVMH fragrance and cosmetics sales have increased approximately 20% compared to world market growth of about 5% for the first half of the year, Fragrances and Cosmetics Division President Patrick Choel stated.
Bliss World Sales Expected To Double To $23 Mil. In 1999 Under LVMH
LVMH's recently acquired U.S. spa company Bliss World is expected to double its sales to $23 mil. in 1999, according to Executive Director and Creative Director Marcia Kilgore, who founded the company in July 1996. Moet Hennessey Louis Vuitton acquired a 70% stake in the New York City-based spa and skin care firm, which also includes the Bliss Out home spa products catalog business, in March (1"The Rose Sheet" March 22, p. 11). Bliss sales in 1998 were $11 mil.