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WWD 05/09/2003

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LVMH Alters Course, Sells Kors Fragrances To Est?e Lauder Cos.

Another shoe has dropped in the expected shedding of LVMH Mo?t Hennessy Louis Vuitton?s non-core beauty assets with the sale of the Michael Kors fragrance license to The Est?e Lauder Cos.

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