LVMH Sells Stella McCartney Stake

LVMH Sells Stella McCartney Stake Back to Founder After Downturn
LVMH Moët Hennessy Louis Vuitton SE is selling the stake it owns in Stella McCartney back to the brand’s founder as the luxury group cleans up its portfolio of labels amid a downturn for high-end goods.
Stella McCartney label leaves LVMH, designer remains sustainability ambassador
Stella McCartney is repurchasing the minority stake held by LVMH in the house she founded about five years after the luxury group bought it, LVMH and Stella McCartney said in a statement on Monday. McCartney will continue to advise LVMH chief executive Bernard Arnault and the group's executive team on sustainability issues as a Global Ambassador on Sustainability,
Stella McCartney Buys Company Back From LVMH
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Stella McCartney Re-Acquires Minority Stake in Brand From LVMH
Stella McCartney has bought back the minority stake in her eponymous brand previously held by LVMH, the companies announced on Monday."This new chapter for Stella McCartney reflects her desire to write a new page in her story independently,
Stella McCartney Buys Back Minority Stake From LVMH
Stella McCartney is buying back the minority stake in her fashion brand held by LVMH Moët Hennessy Louis Vuitton, the luxury giant said in a brief statement. The group said she was taking back the stake "after more than five years of fruitful collaboration with LVMH.

LVMH, Morgan Stanley

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