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LVMH Sells Stella McCartney Stake to Founder
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 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.
LVMH eyes recovery as it sells Stella McCartney stake back to the British designer
LVMH hailed a recovery in sales as Stella McCartney (pictured with King Charles) bought back the 49% stake LVMH held in her fashion label.
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