France's LVMH has reached an agreement with Italian group Marcolin to buy a 49% stake in Thelios, increasing its holding in the upscale Italian eyewear manufacturer for labels including Dior ...

2. The investment arm of French multinational LVMH (that’s Louis Vuitton, Moet and Hennessy) has bought a $60 million (£36 Million) stake in Psy’s K-pop label and talent agency YG Entertainment.