Latest update: 09/05/2011 

- economy - fashion - France - luxury


Pierre Cardin wants to sell his brand for €1 billion

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Pierre Cardin wants to sell his brand for 1 billion euros. But is his company really worth that much? Jean-Paul Gaultier is also going to be taken over. Hermès intends to sell its shares in the brand to the Spanish group, Puig. Find out more with our business editor, Stéphane Marchand.


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