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In 2007, Fendi worked with distribution companion Christian Dior Perfumes and Cosmetics on launching Palazzo, the brand's first new fragrance since the mid-1980s. By early 2009, LVMH introduced that it might pull the scent off the market again because of disappointing gross sales. prefabsprout.net replica dior belt Fendi was a family-controlled company until 1999, when Prada and LVMH, the world's greatest luxurious items group, joined forces to buy fifty one p.c of Fendi for $545 million; competitor Gucci lost out in the bidding course of.
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