LVMH

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

LVMH CEO Bernard Arnault puts daughter Delphine to lead Christian Dior

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LVMH CEO Bernard Arnault puts daughter Delphine to lead Christian Dior

LVMH Chairman and CEO Bernard Arnault, the world’s richest man, has reshuffled top management at his luxury goods empire, tightening his family’s grip with the appointment of his daughter Delphine to lead Christian Dior, and naming a new boss for Louis Vuitton. Pietro Beccari, who has been the head of Dior since 2018, is moving to replace long-time Louis … Read more