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LVMH Sells Patou Back to Cosmetics Magnate Dilesh Mehta
via Business of Fashion · July 31, 2026

LVMH Sells Patou Back to Cosmetics Magnate Dilesh Mehta

The historic French perfume name, which had been relaunched by LVMH in 2019 as a fashion label geared to younger shoppers, has been acquired by the Mehta family, already shareholders since 2011.

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