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A Chanel Deal May Be Out of Reach Even for Luxury Giant LVMH

Speculation over the ownership of fashion house Chanel has intensified since the February death of creative chief Karl Lagerfeld, however it seems that even the world’s largest luxury company thinks a takeover would be too big to swallow. Chanel is worth nearer to 100 billion euros ($113 billion) than the 50 billion euros that some…

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