
Luis Vuitton Lvmh Mother’s Company Plans to Sell This Popular Design Label – Times of India
The luxury conglomerate LVMH is reportedly considering the sale of the popular fashion label they keep among the portfolio. Faced with a recent 22% profit decline and a 4% decline, LVMH studies brand options, potentially estimated at $ 1 billion. Authentic Brands Group, Whp Global and Bluestar Alliance – among the interested buyers. It looks…