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Celebrities love this aluminum suitcase maker that luxury goods giant LVMH just bought for $717 million

Luxury goods conglomerate LVMH Moët Hennessy Louis Vuitton has agreed to purchase an 80% stake in German suitcase maker Rimowa for €640 million, or about $717 million, according to a press release. Rimowa, famous for its ribbed aluminum suitcases, is a favorite of celebrities around the world, including Martha Stewart, Kanye West, Kim Kardashian, Will.i.am, Gwyneth Paltrow, and Kate Upton.
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