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Stella McCartney has bought back LVMH’s 49 per cent stake in her fashion brand, which the luxury giant has held for five years. McCartney will continue to advise LVMH chief Bernard Arnault and ...
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.
LONDON – Stella McCartney is buying back the minority stake in her fashion brand held by LVMH Moët Hennessy Louis Vuitton, the luxury giant said in a brief statement. The group said she was ...
When LVMH acquired a minority stake in Stella McCartney in 2019, Bernard Arnault was reportedly “extremely happy” with the partnership, especially since the decisive factor was McCartney’s ...
LVMH Moët Hennessy Louis Vuitton SE is selling its stake 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.
Vogue Business notes that under LVMH, Stella McCartney hired Amandine Ohayon as the brand’s new CEO in December 2023, streamlined its retail network and collaborated with Veuve Clicquot.
Industry norms may be stubborn, but McCartney says the work at LVMH has been exciting and rewarding. “If I can have a seat at that table—where the decisions are still made—I want to be there.
Stella McCartney and LVMH. The designer’s namesake label has parted ways with LVMH after she repurchased its minority stake held by the company, according to Reuters. Previously, LVMH purchased that ...
LVMH Moët Hennessy Louis Vuitton (OTCPK:LVMHF) shares were losing ground on Tuesday after the company said it sold back its minority stake in Stella McCartney's fashion label, and on a double ...
Reuters. FILE PHOTO: Stella McCartney poses on the red carpet of The Fashion Awards 2024 at the Royal Albert Hall in London, Britain, December 2, 2024.
LVMH acquired a 49% stake in McCartney’s label the following year. In a statement LVMH said the repurchase represented a new chapter for Stella McCartney and reflected “her desire to write a new page ...