• LVMH snaps up stake in Stella McCartney

    1 month ago - By Drapers

    French luxury fashion house LVMH has acquired a minority stake in British designer Stella McCartney's eponymous brand.
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  • Stella McCartney signs deal to join LVMH

    Stella McCartney signs deal to join LVMH

    1 month ago - By Fashion United

    Goodbye Kering, hello LVMH. Stella McCartney has teamed with the French luxury group just one year after splitting with its rival. LVMH has shared in a press release that details of the deal will be disclosed in full in September. However, it is has announced that McCartney will remain as creative director to the brand and will retain majority ownership.
    While McCartney had initially planned to become completely independent by 2020, the goal of the new partnership with LVMH is to accelerate the brand's worldwide development across business and strategy.
    McCartney said that she had received...
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  • Greener Pastures: LVMH, Stella McCartney Ink a Deal With Eco Ambitions

    Greener Pastures: LVMH, Stella McCartney Ink a Deal With Eco Ambitions

    1 month ago - By WWD

    LONDON - Goodbye, François-Henri. Hello, Bernard.
    In a deal that speaks to grand ambitions in the sustainability space and protecting the planet - and a major leap from one luxury titan, François-Henri Pinault and Kering, to his larger rival, Bernard Arnault - LVMH Moët Hennessy Louis Vuitton has surprisingly taken a minority stake in the house of Stella McCartney. It also has tapped the green campaigner as a special adviser to LVMH chairman and chief executive officer Bernard Arnault and the executive committee members.
    Having launched a Millennial-focused luxury maison with Rihanna under...
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  • Stella McCartney signs deal with French luxury group LVMH

    1 month ago - By The Guardian

    Owner of Vuitton, Dior and Givenchy sees British designer as part of push to sustainability Stella McCartney has signed a deal with France's largest luxury group, LVMH, to “accelerate its worldwide development in terms of business and strategy”. The news, announced on Monday, comes just over a year after McCartney ended her 17-year business partnership with LVMH's rival conglomerate, Kering, and bought back its 50% stake in her eponymous brand. Further details of the deal will be announced in September, although it has been confirmed that McCartney will remain majority owner and continue...
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