• Stella McCartney signs deal to join LVMH

    1 month ago - By Fashion United

    Goodbye Kering, hello LVMH. Stella McCartney has teamed with the French luxury group just one year after splitting with its rival. LVMH has shared in a press release that details of the deal will be disclosed in full in September. However, it is has announced that McCartney will remain as creative director to the brand and will retain majority ownership.
    While McCartney had initially planned to become completely independent by 2020, the goal of the new partnership with LVMH is to accelerate the brand's worldwide development across business and strategy.
    McCartney said that she had received...
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  • Greener Pastures: LVMH, Stella McCartney Ink a Deal With Eco Ambitions

    Greener Pastures: LVMH, Stella McCartney Ink a Deal With Eco Ambitions

    1 month ago - By WWD

    LONDON - Goodbye, François-Henri. Hello, Bernard.
    In a deal that speaks to grand ambitions in the sustainability space and protecting the planet - and a major leap from one luxury titan, François-Henri Pinault and Kering, to his larger rival, Bernard Arnault - LVMH Moët Hennessy Louis Vuitton has surprisingly taken a minority stake in the house of Stella McCartney. It also has tapped the green campaigner as a special adviser to LVMH chairman and chief executive officer Bernard Arnault and the executive committee members.
    Having launched a Millennial-focused luxury maison with Rihanna under...
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