NEW YORK — LVMH Moët Hennessy Louis Vuitton has declined comment on reports circulating in the market that at least two cosmetics companies are talking about possibly acquiring the beauty licenses of Michael Kors, Marc Jacobs and Kenneth Cole from LVMH.

According to reports, Estée Lauder is negotiating for the Kors license, although there is no sense of certainty at this point that any of the talks will be fruitful. A spokeswoman for Lauder declined comment on the grounds that "the company does not comment on rumors." That was the same position taken by LVMH and the third company mentioned in speculation, Coty Inc.

To Read the Full Article

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus