Ferragamo Seen as Luxury Target After Loro Piana Deal

Ferragamo Seen as Luxury Target After Loro Piana Deal

Alessia Pierdomenico/Bloomberg

A pedestrian looks at luxury clothing displayed in the window of a Loro Piana SpA cashmere store in Rome. LVMH Moet Hennessy Louis Vuitton SA, the world’s largest luxury-goods maker, this week agreed to buy 80 percent of Loro Piana, valuing the company at 2.7 billion euros ($3.5 billion), including net debt.