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LVMH Sells Virgil Abloh's Off-White Label
LVMH Sells Off-White Label to Brand Management Company
LVMH sold luxury-streetwear brand Off-White to New York-based brand management company Bluestar Alliance for an undisclosed sum.
LVMH Sells Off-White On Virgil Abloh’s Birthday, Social Media Upset
Off-White has been begging for a fresh start, especially after recently presenting for the first time ever at New York Fashion Week. CEO Cristiano Fagnani wants the brand to return to its streetwear roots, collaborating with Nike again instead of the luxury brands that LVMH tried to position it with.
LVMH Sells Off-White to Bluestar Alliance, Passing on Virgil Abloh’s Legacy
Luxury conglomerate LVMH announced Monday that it has sold Off-White LLC, the parent company of the Off-White brand, to brand management firm Bluestar Alliance. While the financial details of the deal were not disclosed,
LVMH, Zuckerberg and Bernard Arnault
LVMH's Bernard Arnault overtakes Mark Zuckerberg to become 3rd-richest person after $30 billion wealth surge
China's stimulus plans have lit a fire under LVMH stock, boosting CEO Bernard Arnault's net worth from $177 billion to $207 billion in just five days.
Mark Zuckerberg loses spot as world’s 3rd richest person to LVMH’s Bernard Arnault
"'Quiet luxury' has supported average selling price at the expense of volumes," Bank of America analysts wrote. "The industry needs to pivot back to creativity."
Bernard Arnault surpasses Mark Zuckerberg as world’s 3rd richest, LVMH shares skyrocket 14%
The luxury sector has seen a recent upturn, propelling Bernard Arnault, the CEO of Louis Vuitton Moët Hennessy (LVMH), to reclaim his position as the third richest person in the world. In less than a week,
4h
on MSN
LVMH closes deal with a controversial luxury rival
Off-White is an Italian luxury streetwear brand founded by the late American designer Virgil Abloh. Abloh became a household ...
17h
on MSN
LVMH Bets on Booze-Free Bubbles at $100-Plus a Bottle
Luxury giant LVMH is buying a stake in a French maker of upscale nonalcoholic sparkling wine, betting that it can convince ...
12h
LVMH wants customers to buy more nonalcoholic drinks – for $100 a bottle
French luxury giant LVMH plans to purchase a stake in a popular French drink maker for its nonalcoholic sparkling wine for ...
Commercial Observer
1d
LVMH Secures 150K-SF ‘Swing’ Office Space at 590 Madison Avenue
Luxury retail giant LVMH joined this week’s six-figure lease club by securing 150,000 square feet at 590 Madison Avenue.
Hip-Hop Wired
14h
Bubble Up: LVMH Makes Investment Into Moncler
It seems LVMH is looking to increase their portfolio within the luxury apparel sector. The conglomerate has made an ...
1d
LVMH takes 4 floors at 590 Madison Avenue
Luxury brand conglomerate Louis Vuitton Moet Hennessy, or LVMH, leased four floors of 590 Madison Avenue at East 57th Street.
4d
LVMH deal spurs rally in Moncler, speculation about luxury sector M&A
Shares in Moncler rose sharply on Friday after French rival LVMH invested in the Italian outerwear specialist, fuelling ...
1d
How a micro miniskirt helped Prada buck the luxury slump
Thanks to coveted designs from Miu Miu and a company-wide turnaround strategy, Prada is one of the few luxury success stories ...
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China
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