LVMH All Set to Acquire Aman Resorts from DLF

On 25th August 2011 brought you the news that DLF is planning to sell off Aman Resorts minus the Aman Hotel in Delhi to the Malaysian Goverment. You can read the earlier post here: However the latest development states that LVMH is most likely to acquire Amanresorts International Pte from DLF Ltd. that owns […]

LOUIS VUITTON disposes off its manufacturing unit in India

Four years after choosing Puducherry, erstwhile Pondicherry for its first manufacturing plant in Asia, French luxury goods giant Louis Vuitton has decided to sell its Indian unit to a Chennai-based firm – Leather Crafts India. The management made a formal announcement about exiting India on June 13. And guess what’s the reason behind LV saying bye-bye […]