Talkin' pretty
LVMH denied that it is seeking to disrupt the rival French luxury- goods company Hermes, in which it owns a 20 percent stake. "We have continually sought a constructive dialogue with Hermes," said LVMH Deputy Chair man Pierre Gode at the Hermes annual meeting in Paris yesterday.
May McJobs
The May payrolls re port, due Friday from the Labor Department, likely will be influenced by hiring from McDon ald's. On April 19 -- about a week after the government conducted its survey for the April jobs report -- the ham burger chain ran a promotion designed to hire 50,000 workers and ended up hiring 62,000.
Samsonite
Luggage maker Sam sonite moved closer to a $1.5 billion Hong Kong IPO, setting an indicative range for the deal yesterday as it bet on booming Asian de mand for global brands.
Film fadeout
In 2000, Americans were buying close to 1 billion rolls of film annu ally. This year, the total could be a mere 20 mil lion rolls, according to the Photo Marketing As sociation.
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