LVMH looking to add Chinese wedding photo firm to portfolio
By Xu Junqian in Singapore and Xie Yu in Shanghai | China Daily | Updated: 2012-05-18 07:46
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Wedding couples take pictures in front of a Catholic church in Qingdao, Shandong province. Couples in Shanghai spend an average of 4,127 yuan ($653) on their wedding photos. Doug Kanter / Bloomberg |
LVMH investment arm L Capital is on the prowl for a Chinese wedding photography company as its next investment target, said Ravi Thakran, L Capital Asia managing partner.
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