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LVMH Purchases French Luggage and Trunk Maker Moynat.

Moynat Malletier, one of the oldest French trunk-makers has been purchased by LVMH, Louis Vuitton Moet Hennessy. The chairman and majority owner of LVMH, Bernard Arnault plans to reactivate the brand and open a Paris boutique later this year. The entrepreneur has a strong affection for heritage European names and Moynat certainly fits the bill. The Moynat was best known for its lightweight, waterproof trunks for automobiles. The only remaining independent similar French artisan maison is Goyard, specialized in luxury leather goods.

Moynat, Once the Grande Dame of trunks that competed with the likes of Louis Vuitton and Goyard, opened their first atelier in Paris in 1849 as specialist in travel goods. Moynat was one of the very first leather goods houses of its day. Known for its traditional know-how and skills base in handcrafting travel goods, the house became famous for its designs for the automobiles, as well as for its technical innovations such as making its trunks lighter and waterproof, and for its notable participation in the various World’s Fairs.

LVMH Takes Control of Bulgari

LVMH Moët Hennessy Louis Vuitton, the French luxury conglomerate, said Monday that it would take control of Italy’s Bulgari in an all-share deal, adding another high-end brand to its formidable stable in a deal worth 3.7 billion euros.

The Bulgari family has agreed to exchange its 51 percent controlling stake in the jeweler for 16.5 million LVMH shares, making it the second-largest family shareholder in the group. The family will also gain two seats on LVMH’s board, the company said.

Read full article at DealBook.com

Source: DealBook
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Zegna Sport Textile Jacket ($525)

The Zegna Sport Textile Jacket for Spring/Summer 2011 is manufactured utilizing Zegna’s patented ‘Ecotene’ fabric. The jacket is an innovative garment realized with 100% recycled fibers in line with the company’s ecological commitment. Short blouson with ergonomic cut, standing collar and four zipped pockets.

Source: Zegna Sport
Photo: Zegna Sport

Must Have For Spring… Aether Button Swim Shorts ($135)

Source: Aether
Photo: Aether

James Perse Clear Jersey V-Neck ($85) available at JamesPerse.com