Identity Crisis At Lvmh?
For decades, Parisians have shopped for everything from lingerie to hardware at La Samaritaine, a vast department store overlooking the Pont Neuf on the Seine's Right Bank. But the 130-year-old landmark is about to get a makeover. LVMH Moet Hennessy Louis Vuitton has taken a controlling $200 million stake in La Samaritaine and plans to renovate it as a luxury emporium stocked with upscale brands such as Fendi and Christian Dior.
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