News – Louis Vuitton in full control of RM Williams
Moët Hennessy – Louis Vuitton, better known as LVMH, has now completely taken over Australian boot manufacturer RM Williams. LVMH entered the company in 2013 when it bought 49 percent of the shares, at the end of 2014 they became the majority shareholder, and has now taken over the board completely. Much now indicates RMW will shift up further in its expansion.