PARIS — It looks like French fashion titans Bernard Arnault and François Pinault are still in a mood to slim down.

Speculation is mounting here that Arnault’s luxury giant LVMH Moët Hennessy Louis Vuitton will soon shed Compagnie Financière Laflachere, whose main asset, La Brosse et Dupont, makes everything from hairbrushes to toothbrushes and toiletry cases. LVMH acquired the firm in 1998 via its LV Capital investment arm.

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