Here are few scams to be on the lookout for this summer.
Peta – known for staging elaborate protests and publicity stunts – confirmed in a statement on its website that it had bought the shares on Thursday.
Summer will be here before you know it, and with it come new and old scams.
As you consider possible escapes — travel to exotic places; trips to the beach, the mountains or the golf course; a staycation to get much needed work done around your house — bear in mind that these diversions provide the perfect opportunity for con artists and identity thieves just waiting to insinuate themselves into your life, becoming the sand in your picnic basket (or bathing suit) — a vacation-killing burn that no ointment can soothe.
But the group, which owns Louis Vuitton, Christian Dior and Hennessy cognac among other high end brands, did not reveal the size of its holding.
Peta’s stake in the company will give it the right to attend shareholder meetings and question the board.
Last month, Sylvie Bénard, director of environment at LVMH, denied the allegations saying that the group’s tannery in Vietnam had not bought crocodile skins from any Vietnamese farms since 2014.