Reported 2 days ago
LVMH Moët Hennessy Louis Vuitton is reportedly looking to sell the Marc Jacobs brand for $1 billion, collaborating with J.P. Morgan for the sale. Despite initial denials about a sale, multiple investment groups, including Authentic Brands Group, WHP Global, and Bluestar Alliance, have expressed interest. The proposed sale underscores significant shifts in the luxury market and presents a challenge for the emerging intellectual property model in the high-end fashion sector.
Source: YAHOO