Death of Sergio Loro Piana

December 20, 2013

Loro Piana cashmere chief dies at 65
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The Associated Press

ROME (AP) — Sergio Loro Piana, who helped build a six-generation, family-run textile firm into the eponymous luxury brand recently bought by French conglomerate LVMH, has died at age 65.

People close to the family said Loro Piana died Friday, just two weeks after LVMH's 2 billion euro ($2.7 billion) purchase of the textile house was completed.

The company, which Loro Piana co-ran with his brother Pier Luigi, is known for its cashmere and vicuna wool...

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