French luxury goods conglomerate buying Pinarello

Louis Vuitton, Christian Dior, Givenchy, Moët & Chandon, Dom Perignon, TAG Heuer and Hublot are just very few luxury names we are customised to. But what unites all of them is one conglomerate, the LVMH Moët Hennessy Louis Vuitton SE.
LVMH owns World’s best luxury brands however current holdings are not enough to current CEO Bernard Arnault. He is eager to enter sporting goods market.
With revenue of over €6 billion in 2015 there is no question any company can be acquired by LVMH. However with sporting goods market so big where do you really start?

It’s not apparel brands Mr Arnault seems to be interested. What got his attention are the bike manufacturers! Read more… >>