Overview

• LVMH is in advanced talks to divest its Marc Jacobs fashion label to Authentic Brands Group, WHP Global and Bluestar Alliance for around $1 billion.
• CFO Cécile Cabanis said the group will offload brands it deems not a strategic fit or those it cannot operate effectively.
• The negotiations follow LVMH’s recent exits of Off-White in 2024 and Stella McCartney earlier this year.
• The suitors’ participation highlights the growing influence of licensing-driven firms in the luxury fashion sector.
• Discussions could conclude soon as LVMH seeks to bolster profitability after Q2 sales modestly missed forecasts despite early signs of recovery in China.