LVMH May Sell Marc Jacobs and Rihanna’s Fenty Beauty Stake Amid Luxury Slowdown
7 Articles
7 Articles
The world's largest luxury group is analyzing the entire portfolio to see what's not working.
French luxury group Louis Vuitton Moët Hennessy (LVMH) has embarked on a business restructuring by considering the sale of its major brands. This move is being interpreted as an unusual shift toward a "downsizing strategy" by LVMH, which has grown significantly over the past 40 years through aggressive mergers and acquisitions (M&A). This is seen as an intention to divest unprofitable businesses and focus on core profit sources as the slowdown i…
LVMH May Sell Rihanna’s Fenty Stake Among Other Brands - World Music Views
Billionaire Bernard Arnault is reportedly weighing a sale of his company’s stake in Rihanna’s Fenty empire, as LVMH considers offloading a slate of brands, including its 50% stake in Fenty Beauty, in what could signal a major strategic reset amid a cooling global luxury market. According to the Daily Mail, LVMH has effectively placed fashion label Marc Jacobs, California-based Joseph Phelps Vineyards, and spirits brand Eminente under review. Fen…
LVMH plans to sell Marc Jacobs, Fenty Beauty, and more - RetailDetail EU
LVMH is considering selling a range of brands, from fashion houses (Marc Jacobs) to cosmetics brands (Fenty Beauty) and even a prestigious winery. It would be one of the largest restructuring operations in the history of the French luxury group.
Is LVMH transitioning from buyer to seller? According to a media report, the CEO of the luxury goods group, Bernard Arnault, wants to streamline the portfolio and sell a number of brands.
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