https://www.highsnobiety.com/p/lvmh-cartier/
If internet rumors are to be believed, LVMH is interesting in acquiring Cartier.
The French conglomerate — which is already the home to over 75 brands across multiple luxury sectors — is reportedly looking to add Cartier to its ever-growing roster, joining the likes of Tag Heur, Hublot, and Tiffany & Co. in the LVMH jewelry offering.
Cartier was ranked 56th on Forbes’ Most Valuable Brands list back in 2020 with an estimated $12.2 billion valuation, although nearly three-years on it’s anyone’s guess as to how much today’s acquisition could cost.
LVMH, which itself is reportedly worth $329 billion, already boasts some of the world’s biggest labels across the luxury sector, including Louis Vuitton, Hermes, and Givenchy, to name only a few.
According to similar reports, LVMH is already in talks with beauty brand Aesop, with a $2 billion bidding war rumored to be underway.
While nothing concrete has surfaced yet regarding an LVMH Cartier acquisition, the shoe certainly does fit.
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