Overview

• LVMH has purchased a majority stake in Chez L'Ami Louis, a renowned 100-year-old Parisian bistro.
• The bistro is famous for its classic French dishes and has hosted numerous celebrities and dignitaries.
• LVMH plans to maintain the restaurant's traditional charm and support its long-standing local suppliers.
• This acquisition is part of LVMH's broader strategy to expand its hospitality portfolio.
• The financial details of the deal have not been disclosed.