LVMH's Eyewear Seeks Partnership To Increase Production

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A joint venture between Dior-owner LVMH and Italy’s Marcolin could triple its production of glasses over time as its portfolio of brands expands. LVMH last year followed in the steps of rival Kering, which decided in 2014 to bring its eyewear business in-house to increase control and pocket profit margins previously left to licensees.

Source: Reuters