LVMH Sells Stella McCartney Stake to Founder

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 Moet Hennessy sells Stella McCartney stake, reports 17% drop in 2024 profits
LVMH shares drop as profitability for 2024 decreases and company sells back stake in Stella McCartney's fashion label amid luxury demand slump.
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.
Stella McCartney Is Buying Back Minority Stake From LVMH
Stella McCartney is officially buying back the minority stake from LVMH in the brand’s latest business move. While LVMH divests in the brand, the designer is still slated to work with the group with a new title of global ambassador for sustainability.
LVMH Dumps Stella McCartney Stake--Is the Luxury Giant Bracing for More Cuts?
LVMH Dumps Stella McCartney Stake--Is the Luxury Giant Bracing for More Cuts?
Stella McCartney buys LVMH’s share back
The French luxury conglomerate had taken a 49 per cent stake in the London-based fashion label known for its sustainability credentials in 2019.
Stella McCartney buys back stake in fashion brand from LVMH
It is the latest stake sale by Louis Vuitton Moet Hennessy as it tackles a wider slowdown in the luxury sector.
Stella McCartney buys back LVMH stake in her eponymous fashion brand
McCartney will continue to advise LVMH chief Bernard Arnault and the group’s executive team on sustainability issues.
Stella McCartney buys mack minority stake from LVMH, Reuters reports
Stella McCartney is buying back the minority stake in her fashion brand held by LVMH (LVMUY) Moet Hennessy Louis Vuitton, but will continue to
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.
LVMH sells Stella McCartney minority stake as luxury sector struggles
LVMH has already sold the streetwear fashion brand Off-White recently, as well as its stake in Cruise Line Holdings amid dampened global demand for luxury goods and falling Chinese sales. View on euro
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Stella McCartney buys back minority stake from LVMH
British designer Stella McCartney has repurchased the minority stake held by luxury conglomerate LVMH in her namesake label.