Done Deal: LVMH Completes Sale of Marc Jacobs to WHP and G-III
Summary
LVMH has completed the sale of Marc Jacobs to WHP and G-III. Marc Jacobs will remain the brand’s creative leader, while the business is expected to expand its wholesale presence and pursue additional licensing opportunities.
The ownership change separates Marc Jacobs’ creative continuity from LVMH’s stewardship and places greater emphasis
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Marc Jacobs now enters a growth phase built more on operating scale than on a change in creative leadership.