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LVMH said it has agreed to pay 640 million euros ($716 million) for an 80% stake in Rimowa, which is based in Cologne. It aims to close the acquisition in January 2017. Rimowa, which makes aluminum and composite suitcases that sell for several hundred euros a piece, is กระเป๋า h&m ดีไหม expected to have revenue this year of more than 400 million, LVMH said. Celebrities such as Kanye West, Gwyneth Paltrow and Sandra Bullock have been photographed rolling Rimowa luggage around airports. ENLARGE An undated photograph of actress Diane Kruger, left, with a piece of red Rimowa luggage Photo: All Access Photo/Splash News The move extends LVMHs strategy of expanding by acquiring high-end brands. After a rare retreat this summer with the sale of Donna Karan International Inc. for $650 million, the French firm appears to be back on the hunt. Rimowa would also be the first German brand to join LVMHs stable of companies , said Bernard Arnault , the French billionaire who controls LVMH. The French firm holds dozens of brands, including champagne-maker Don Perignon, and fashion houses Louis Vuitton and Marc Jacobs . The acquisition marks the second major recent acquisition in the high-end luggage sector , after Samsonite International SA 1910 3.23 % bought Tumi Holdings Inc. in March.

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5, 2016 /PRNewswire/ --The Clorox Company (NYSE: CLX ) announced today that it will host a live audio webcast of a discussion with the investment community about its first-quarter fiscal year 2017 results on Wednesday, Nov. 2. The webcast is scheduled to begin at 10:30 a.m. PT (1:30 p.m. ET) and can be accessed at Clorox investor events . A replay of the webcast will be available on the company's website. The Clorox Company The Clorox Company (NYSE: CLX ) is a leading multinational manufacturer and marketer of consumer and professional products with about 8,000 employees worldwide and fiscal year 2016 sales of$5.8 billion. Clorox markets some of the most trusted and recognized consumer brand names, including its namesake bleach and cleaning products; Pine-Sol cleaners; Liquid Plumr clog removers; Poett home care products; Fresh Step cat litter; Glad bags, wraps and กระเป๋า ZARA facebook containers; Kingsford charcoal; Hidden Valley dressings and sauces; Brita water-filtration products; Burt's Bees natural personal care products; and Renew Life digestive health products. The company also markets brands for professional services, including Clorox Healthcare and Clorox Commercial Solutions. More than 80 percent of the company's sales are generated from brands that hold the No.

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