authentic brands

Louis Vuitton owner LVMH in talks to sell Marc Jacobs in deal that could fetch $1B: report

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Louis Vuitton owner LVMH in talks to sell Marc Jacobs in deal that could fetch B: report

French luxury goods group LVMH is in discussions to sell fashion label Marc Jacobs in a deal that could fetch around $1 billion, the Wall Street Journal reported Friday, citing people familiar with the matter. In 2024, Bloomberg reported that LVMH was exploring strategic options for the label with advisers after receiving interest from potential buyers, … Read more

Sports Illustrated fails to deliver May issue after breakup with publisher: sources

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Sports Illustrated fails to deliver May issue after breakup with publisher: sources

Sports Illustrated’s tumultuous breakup with its publisher caused the magazine to skip production of the May edition – leaving more than 1 million subscribers with empty mailboxes last month, The Post has learned. Arena Group – which had its license revoked in January after failing to make a $3.75 million quarterly payment to rights-holder Authentic … Read more