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June 30, 1999 9:45 AM PDT

Luxury-goods tycoon seeks to cash in on Net

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Bernard Arnault, chairman of LVMH Moet Hennessy Louis Vuitton, the world's largest luxury-goods maker, sets up an Internet investment company capitalized at $516 million.

The story "Luxury-goods tycoon seeks to cash in on Net" published June 30, 1999 at 9:45 AM is no longer available on CNET News.

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