Animal rights group buys LVMH shares to pressure it over skins
euronews (in English) - Friday, 13 January 2017 (3 days ago)
The animal rights group Peta has become a shareholder of the French luxury goods maker LVMH. Peta – which stands for People for the Ethical Treatment of Animals – said it had bought an unspecified number of shares so that it can pressure the firm to stop selling bags and other merchandise made from exotic skins. The organisation – which is well known for protests – will have access to shareholder meetings and the right to question board members by being an investor. It previously followed the same policy with another luxury group – Hermès – buying just one share. At the annual shareholders’ meeting in Paris a Peta member questioned the company’s CEO about the use of exotic skins. LVMH has denied allegations that it had bought skins in recent years from a Vietnamese crocodile farm accused of cruelty. #BREAKING Luxury good maker LVMH said Louis Vuitton brand ceased all trading w Vietnamese farms which peta alleged mistreated crocodiles.— Nahayat Tizhoosh (@NahayatT) January 13, 2017
Recent related news
Peta has become a shareholder of French luxury goods maker LVMH so that it can pressure it to stop selling merchandise made from exotic skins.
3 days ago • euronews
PARIS (Reuters) - Luxury good maker LVMH said its Louis Vuitton brand had ceased all trading with Vietnamese farms which animal rights activist group Peta...
3 days ago • Reuters
Peta buys LVMH shares in a bid to stop the company selling products made from exotic animal skins.
4 days ago • BBC News
(AP) — Tilikum the orca has died after more than two decades at SeaWorld Orlando, where he gained notoriety for killing a trainer in 2010 and was later...
1 week ago • SeattlePI.com
CAVAILLON, France--(BUSINESS WIRE)--Regulatory News: Under the liquidity contract signed between ID Logistics Group (Paris:IDL) and Oddo Corporate Finance, the...
1 week ago • Business Wire
* Company announcement, Helsinki, 16 January 2017, at 9 am * Nexstim Plc (NXTMH: HEX, NXTMS: STO) is a medical technology company aiming to improve...
18 hours ago • GlobeNewswire