LVMH to sell Marc Jacobs to WHP Global, G-III as buyers raise $850 million
World 11:39 15/05/2026French luxury group LVMH has agreed to sell fashion brand Marc Jacobs to a joint venture between brand manager WHP Global and apparel company G-III Apparel Group, which are raising up to $850 million to fund the deal, the companies said on Thursday.
High stakes for high fashion: brands bet on luxury revival on the catwalk
World 16:30 08/09/2025Chanel and Dior are among a record number of top fashion brands that will introduce new designers' collections on the catwalk in the coming weeks, aiming to reignite shoppers' interest in a bruised luxury industry that lost one of its greats, Giorgio Armani, last week.
LVMH, Hermes call truce in battle for luxury brands
Economy 22:00 03/09/2014The agreement ends for five years at least any ambition by LVMH, with vast interests from champagne to luggage, to embrace Hermes, known for silk scarves and high-fashion handbags.
Psy's agency gets $60 mn boost from French giant LVMH
Economy 19:00 20/08/2014Under the deal with YG Entertainment, L Capital Asia, the investment fund arm of the LVMH Group -- known for its luxury brand Louis Vuitton -- will buy YG's new preferred shares worth 61 billion won ($59.6 million), YG said in a regulatory filing
