Louis Vuitton Owner to Invest in Orient Express
Provided by
Dow Jones
By Mauro Orru
LVMH Moet Hennessy Louis Vuitton plans to invest in the Orient Express brand behind the iconic passenger train and luxury hotels.
The owner of the Louis Vuitton, Dior and Celine brands said it entered into a strategic partnership with French hotel operator group Accor to invest in the company that will operate future hotels and trains under the Orient Express brand, and in the entity that will own two sailing ships.
The groups didn't disclose financial details.
Write to Mauro Orru at mauro.orru@wsj.com
(END) Dow Jones Newswires
June 13, 2024 12:22 ET (16:22 GMT)
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