Updated at 4:16 p.m. ET Sept. 12 MILAN — Now that the late designer Giorgio Armani‘s wills have been released, three of the companies that have long been mooted as potential buyers of his company, and that he mentioned himself in his wills — LVMH Moët Hennessy Louis Vuitton, L’Oréal and EssilorLuxottica — have issued statements praising the brand, and …
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LVMH in talks to offload fashion label Marc Jacobs, sources say
By Abigail Summerville and Mrinmay Dey (Reuters) -French luxury goods group LVMH is in discussions with multiple buyers to offload its fashion label Marc Jacobs, people familiar with the matter told Reuters on Friday. The Bernard Arnault-led company has been holding talks with potential buyers including Reebok-owner Authentic Brands Group and WHP Global, the sources said, who asked not to …
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