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The world’s largest luxury conglomerate, LVMH Moët Hennessy Louis Vuitton, has sold a majority stake in its little-known cruise retail business to a group of four investors led by .
Miami-based Starboard is taking its retailing expertise into land-based resorts following its partial sale by LVMH to Gissy Investments. Together, they operate the business through a jo.
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Miami-based Starboard is taking its retailing expertise into land-based resorts following its partial sale by LVMH to Gissy Investments. Together, they operate the business . Starboard CEO Lisa Bauer, recruited by LVMH for the job in 2019, will continue to lead the business, which will be expanded from cruise ships to vacation retail spots on land.
Moët Hennessy Louis Vuitton (LVMH) is set to sell some of its shares in its cruise business, including retailer Starboard Cruise Services, to create a joint venture . Moët Hennessy Louis Vuitton (LVMH) has announced that it will sell a majority stake in its cruise retail business to a group of investors. This includes Starboard Cruise . LVMH has sold a majority stake in Cruise Line Holdings Co, owner of Miami-based Starboard, to a group of investors headed up by Jim Gissy. Financial terms of the deal were .
LVMH issued a statement on Friday saying that it has signed a deal to sell a majority stake in the parent company of its cruise retail business to a group of private investors led by Jim Gissy, but will remain an “important .
LVMH Moët Hennessy Louis Vuitton has sold a majority stake in its cruise retail business, including Starboard Cruise Services and Onboard Media, to a consortium led by . LVMH will remain “an important minority shareholder” in Starboard Cruise Services and Onboard Media as part of the Global Travel Retail Holdings joint venture led by Jim Gissy of Westgate Resorts.
The luxury giant said it cut a deal to sell a majority stake of Cruise Line Holdings Co. — parent to the Starboard and Onboard Cruise Services businesses — to a group of private investors led. Moët Hennessy Louis Vuitton (LVMH) is set to sell some of its shares in its cruise business, including retailer Starboard Cruise Services, to create a joint venture company under the name Global Travel Retail Holdings.. The deal will see LVMH joined by investors including Jim Gissy, who will serve as Chair of the new board, Marcia Rowley, who will be Vice Chair, John .LVMH-Owned Cruise Retailer Starboard Moves On-Land Amid Management Shuffle social-www.forbes.com 69 1 Comment Like Comment Share Starboard Group 47,264 followers 1mo .
This includes the selling of Starboard Cruise Services and Onboard Media; the new joint venture will be named Global Travel Retail Holdings. Moët Hennessy Louis Vuitton (LVMH) has announced that it will sell a majority stake in its cruise retail business to a group of investors. This includes Starboard Cruise Services and Onboard Media. The North Star brand amplification honors Starboard’s LVMH heritage of unparalleled luxury offerings and celebrates its rich history as the first travel duty-free retailer in the U.S. While ever evolving, the retailer embodies the same principles and values it was founded upon by A.E. Merhige in 1958, maintaining a level of curiosity . Starboard CEO Lisa Bauer, recruited by LVMH for the job in 2019, will continue to lead the business, which will be expanded from cruise ships to vacation retail spots on land. Starboard operates on 82 ships at the end of 2022. (Reporting by Sudip Kar-Gupta, Piotr Lipinski and Mimosa Spencer, Editing by Louise Heavens) .
LVMH is keeping a minority stake while handing control over to Jim Gissy and a group of investors. . Starboard has worked to make the cruise ship a shopping destination in its own right with . Starboard said in a statement on LinkedIn: “Capping off an incredible year for Starboard and Onboard Media, we are thrilled to announce the formation of Global Travel Retail Holdings, welcoming four new investors who will take ownership positions in Starboard and Onboard together with LVMH. Starboard Cruise Services成立于1958年，2000年并入世界领先奢侈品集团路易威登（LVMH Moët Hennessy • Louis Vuitton, Inc.,）。 2017年11月，Starboard在星梦邮轮的世界梦号推出了许多第一：亚洲第一家蒂凡尼. Starboard Cruise Services, a division of LVMH, is shifting toward mega ships where retail spaces average 8,000 to 10,000 square feet. Starboard Cruise Services, a division of LVMH, is shifting .
LVMH has sold a majority stake in Cruise Line Holdings Co, owner of Miami-based Starboard, to a group of investors headed up by Jim Gissy. Financial terms of the deal were not disclosed. THE DETAILS According to a report published by Reuters, the luxury conglomerate will retain a minority share. Starboard CEO, Lisa Bauer will remain in situ. The global leadership of LVMH and I are confident about the Starboard vision of experiential retail and in the leadership of the Operating Committee. “Our teams are focused on launching five important new ships in . We have been very fortunate to be a Maison within the LVMH Group since 2000, and we are appreciative of LVMH’s continued and important participation in the venture going forward.” TRBusiness aims to bring you more on this story as it develops. READ MORE: Starboard Cruise Services announces executive leadership appointments
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Starboard's new logo, with a “starburst” icon. Starboard Cruise Services, an LVMH Moët Hennessy Louis Vuitton company, has announced "a company-wide transformative brand amplification.". According to a press release, "With a new visual identity and redesigned logo emphasizing its globally recognized name, the change amplifies Starboard’s values and .
LVMH-owned Starboard Cruise Services will take Harding’s place later this year. The switch comes just as Virgin Voyages is set to add another two ships to its current two-strong fleet, and the . Starboard Cruise Services, LVMH Moët Hennessy and Celebrity Cruises are launching an immersive luxury shopping experience onboard the cruise ship Celebrity Beyond.The curated vacation will embark from Southampton, UK on April 27, 2022 and include retail offerings that showcase notable fashion brands, wellness collaborations and sustainable . ‘As part of LVMH, Starboard is uniquely positioned to provide the exclusive collaborations and experiences that luxury partners expect. The new division is a natural expansion that builds on the core competencies we are already renowned for in the luxury sector,’ Starboard President and CEO Lisa Bauer said.Starboard Holdings, Ltd, (“Starboard”) is one of the Maisons of the LVMH Group. The LVMH Group attaches great importance to ensuring that its Maisons and their partners share a set of common rules, practices and principles with respect to ethics, social responsibility and protection of the environment.
The LVMH Group’s Selective Retailing Maisons all focus on a single objective: transform shopping into a unique experience. Stunning interior design, meticulously curated product selections and high-end services with personalized relationships all put customers at the heart of the experiences they offer. Cruise retailer Starboard is the operator of the store and continues a partnership that spans more than 20 years. Like Tag Hauer, Starboard was, until recently, also controlled by LVMH before the .
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