LVMH BeneFit Acquisition Will Lead To International Expansion
This article was originally published in The Rose Sheet
Executive Summary
Moet Hennessy Louis Vuitton's acquisition of a controlling stake in BeneFit Cosmetics likely will lead to increased international expansion for the San Francisco-based color and skin care company, according to BeneFit President Jean Ford-Danielson. LVMH announced the purchase Sept. 14.