
LVMH Sells Marc Jacobs to WHP Global
Luxury conglomerate LVMH has sold its Marc Jacobs fashion brand to US investment firm WHP Global. The transaction, reportedly valued at up to $1 billion, will see founder Marc Jacobs remain as the creative director.
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LVMH to sell Marc Jacobs to WHP
Sale is latest in a series of disposals by Paris-based group of smaller, underperforming brands
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