• Tommy Hilfiger left is the latest to jump onto the conglomerate bandwagon through his deal last month to buy Karl Lagerfeld&#8217s label

    Image Credit: WWD Staff

    Tommy Hilfiger, left, is the latest to jump onto the conglomerate bandwagon through his deal last month to buy Karl Lagerfeld’s label.

  • Multibrand groups tend to rely on one cash cow to fund money-losing brands in their stables — such as Louis Vuitton at LVMH Moët Hennessy Louis Vuitton.

    Image Credit: WWD Staff

    Multibrand groups tend to rely on one cash cow to fund money-losing brands in their stables — such as Louis Vuitton at LVMH Moët Hennessy Louis Vuitton.

  • Cartier at Compagnie Financière Richemont.

    Image Credit: WWD Staff

    Cartier at Compagnie Financière Richemont.

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