LVMH Acquires Iconic Paris Bistro Chez L'Ami Louis
The luxury conglomerate aims to preserve the historic restaurant's unique character and culinary heritage.
- 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.