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LVMH takes minority stake in Italian jeweller Repossi

The world's top luxury company LVMH has taken a minority stake in Italian jeweller Repossi to help it expand its distribution network, the two parties said Monday. "Given the reality of the market and competition today, I have decided to open up the company's capital and LVMH has taken a minority stake," said the brand's creative director, Gaia...

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