Overview

• LVMH CFO Cécile Cabanis said during an earnings call that the company will divest any brand that does not serve as a strategic add-on or exceed its operational capabilities.
• Authentic Brands Group, WHP Global and Bluestar Alliance are among the licensing-focused bidders in advanced discussions to acquire Marc Jacobs.
• People familiar with the process say the deal, managed by J.P. Morgan, could close imminently on a valuation near $1 billion.
• The proposed sale follows LVMH’s prior divestments of Donna Karan in 2016, Off-White in 2024 and a minority stake in Stella McCartney earlier this year.
• The transaction underscores a broader luxury-industry shift toward portfolio optimization as high-end spending slows under macroeconomic pressures.