LVMH Reportedly Looking to Sell Marc Jacobs
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1 Articles
LVMH Reportedly Looking to Sell Marc Jacobs
LVMH has reportedly been in discussions with several potential buyers in an effort to offload Marc Jacobs from its portfolio. Authentic Brands Group, which owns Reebok and Brooks Brothers, is said to be a top contender to acquire the brand. With 28 years of LVMH CEO Bernard Arnault's help in building up the New York-founded label, the conglomerate is supposedly seeking $1 billion for the buyout.Marc Jacobs on the Block as LVMH Looks for $1B [WWD…
Coverage Details
Total News Sources1
Leaning Left0Leaning Right0Center1Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
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