LVMH slapped with subpoena

LVMH Moët Hennesy–Louis Vuitton, the Paris-based luxury marketer with an expansive brand portfolio that includes Christian Dior and Sephora, was subpoenaed by a federal grand jury in the probe of U.S. media buying practices, according to people familiar with the matter. The far-reaching inquiry has moved into broader territory and across sectors of the industry, these people say. Ad Age reported in March that an unnamed company had been subpoenaed for years of financial records a