Edition: India  
 
> >

Animal rights group buys LVMH shares to pressure it over skins

Duration: 00:35s - Published: < > Embed
News video: Animal rights group buys LVMH shares to pressure it over skinsThe 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

0
shares
Share on
Facebook
Share on
Twitter
Post on 
Reddit
Share by
Email
 

Recent related news

Medtronic skips lower as IT disruption hampers first quarter sales

Shares in Medtronic PLC (NYSE:MDT) edged lower in pre-market trade after the world’s largest...
Proactive Investors - Business


You Might Like

Environmentally friendly: newsR is hosted on servers powered solely by renewable energy
© 2017 newsR / One News Page Ltd. All Rights Reserved.  |  About us  |  Disclaimer  |  Terms & Conditions  |  Privacy Policy  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  Help  |  Contact us  |  DMCA / Content Removal
How are we doing? Send us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter