LVMH agreed to sell Marc Jacobs to WHP Global and G-III Apparel for US$850 million on 14 May 2026, with each buyer taking equal $425 million stakes. Marc Jacobs the person remains founder and creative director; deal expected to close end of 2026. LVMH had owned a majority stake in Marc Jacobs since 1997, the same year Jacobs joined Louis Vuitton as creative director.
- Dates
- announced 14 May 2026
- Year
- 2026
Connections
Outbound
- Contributed to → Marc Jacobs
- Contributed to → LVMH
Posts
- LVMH Small Brand Revivals: Pucci to Loro Piana 13 Jun 2026