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LVMH considers sale of Marc Jacobs

Paris - LVMH is in discussions to sell its Marc Jacobs brand. The transaction could be worth one billion dollars. The Wall Street Journal reported this on Friday, citing sources close to the matter. The French group is discussing with several potential buyers. These include the US groups Authentic Brands Group (ABG), owner of Reebok, and WHP...

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Featured
Fashion |Beauty

Marc Jacobs is returning to beauty

Marc Jacobs Beauty is set to make a comeback after the New York-based designer signed an expanded licensing deal with Coty, adding beauty to its successful fragrance partnership. In a statement, Sue Nabi, chief executive at Coty, said: “The expansion and extension of our longstanding agreement with the house of Marc Jacobs, now in its 20th year,...

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