LVMH buys French trunk maker MOYNAT

LVMH Group has acquired this week French trunk maker MOYNAT, a heritage company founded in 1849.  According to market sources, the owner of LVMH, Bernard Arnault plans to reactivate the brand and open a Paris boutique later this year. The entrepreneur has a strong affection for heritage European names and Moynat certainly fits the bill. The Moynat was best known for its lightweight, waterproof trunks for automobiles. The only remaining independent similar French artisan maison is GOYARD, specialized in luxury leather accessories, including bags, trunks et