
LVMH Sells Marc Jacobs Fashion Brand to WHP Global
Luxury conglomerate LVMH has announced the sale of its Marc Jacobs fashion brand to WHP Global, a brand management firm. The deal sees the iconic label change ownership, though its founder Marc Jacobs is expected to remain as 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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