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LVMH Sells Stella McCartney Stake to Founder
LVMH Sells Stella McCartney Stake to Founder After Downturn
LVMH Moët Hennessy Louis Vuitton SE is selling the stake it owns in Stella McCartney back to the brand’s founder as the luxury group cleans up its portfolio of labels amid a downturn for high-end goods.
Stella McCartney label leaves LVMH, designer remains sustainability ambassador
Stella McCartney is repurchasing the minority stake held by LVMH in the house she founded about five years after the luxury group bought it, LVMH and Stella McCartney said in a statement on Monday.
LVMH Moet Hennessy sells Stella McCartney stake, reports 17% drop in 2024 profits
LVMH shares drop as profitability for 2024 decreases and company sells back stake in Stella McCartney's fashion label amid luxury demand slump.
Daily Front Row
1d
Stella McCartney’s LVMH Breakup, Lady Gaga For Elle, Plus! Erdem and Barbour
From Stella McCartney's split with LVMH to a new Lady Gaga Elle cover, discover all the chic news to know today.
Cosmetics Business
17h
Sephora and fragrance bolstered LVMH sales in 2024
Consistent sales of Sauvage, alongside Rihanna becoming the new face of J’adore, also supported the brand owner’s performance ...
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