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September 26, 2000
By: TOM BRANNA
Editor
LVMH is on a buying spree. Seven months after acquiring Urban Decay, its fourth U.S. beauty acquisition, LVMH acquired a majority stake in Fresh, a Boston-based beauty firm. Terms of the deal were not disclosed. In a statement, LVMH said “The creative spirit of the Fresh management team, combined with LVMH’s research and development capabilities and international network, will use the universal appeal of the Fresh concept as a starting point from which to transform the company into o...
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