PARIS – Carrefour chief executive officer Jose Luis Duran on Tuesday told a shareholders’ meeting here that the French hypermarket operator anticipated no strategy change as its majority shareholder shifts.
Blue Capital, an investment fund split between LVMH Moët Hennessy Louis Vuitton chief Bernard Arnault and Colony Capital, became Carrefour’s principal investor on Tuesday as France’s Halley family, Carrefour's longtime controlling family, dissolved an investors’ agreement that had given it control of the retailer, the world’s second largest after Wal-Mart.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)