Stella McCartney regains ownership from LVMH
LVMH Moët Hennessy Louis Vuitton SE is selling its stake in Stella McCartney’s brand back to the founder after a five-year partnership. Stella McCartney, renowned for her sustainable and animal-free fashion, will continue to advise LVMH on sustainability. This move reflects LVMH's strategy amid a global luxury market slowdown, particularly in China.
LVMH Moët Hennessy Louis Vuitton SE is selling its stake in Stella McCartney’s brand back to the founder after a five-year partnership. Stella McCartney, renowned for her sustainable and animal-free fashion, will continue to advise LVMH on sustainability. This move reflects LVMH's strategy amid a global luxury market slowdown, particularly in China.
