LVMH has found a buyer for the Marc Jacobs brand, which is passing to US group WHP Global \u2014 a brand management company whose portfolio includes Vera Wang, G-Star and Toys ‘R’ Us.<\/p>\n
After nearly 30 years with LVMH, Marc Jacobs has been acquired by WHP Global, the group headed by Bernard Arnault announced in a press release on Thursday.<\/p>\n
The financial terms were not disclosed, though the transaction is believed to be worth between $850m (\u20ac726m) and $1bn (\u20ac854m), according to sources cited by the Wall Street Journal. The deal is expected to close before the end of the year.<\/p>\n
WHP Global specialises in retail brand management and oversees a portfolio of around 15 labels, including Lotto, Vera Wang, G-Star and Toys ‘R’ Us. The group generates annual revenues of more than $8.5bn (\u20ac7.26bn).<\/p>\n
Related<\/p>\n
Marc Jacobs stays on as creative director<\/p>\n
Jacobs, 63, will continue in his role at the label.<\/p>\n
“I remain committed to my role as creative director of Marc Jacobs International and look forward to this exciting new chapter,” he said in an Instagram post.<\/p>\n
Before dedicating himself exclusively to his own brand, the designer served as artistic director of Louis Vuitton \u2014 LVMH’s flagship label \u2014 for 16 years.<\/p>\n
Arnault paid tribute to Jacobs’ “rare creativity and unique vision,” adding that his “impact on the world of fashion is undeniable.”<\/p>\n
LVMH trims its portfolio<\/p>\n
The Wall Street Journal had reported in July that LVMH was considering a sale, saying the group was in discussions with several potential buyers including Authentic Brands Group, owner of Reebok, and WHP Global, which was allied with holding company G-III.<\/p>\n
The disposal is part of a broader pattern of portfolio rationalisation at LVMH. In September 2024, the group sold Off-White, the label founded in 2012 by Virgil Abloh \u2014 who served as artistic director of Louis Vuitton’s men’s collections before his death in 2021.<\/p>\n
In January 2025, British designer Stella McCartney bought out LVMH’s 49% minority stake in her company. A year later, the group sold its Duty Free Shops business in China to Beijing-based travel retail operator CTG Duty-Free.<\/p>\n","protected":false},"excerpt":{"rendered":"LVMH has found a buyer for the Marc Jacobs brand, which is passing to US group WHP Global…\n","protected":false},"author":2,"featured_media":72338,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[163],"tags":[762,41454,769,41158,41453,625,41415],"class_list":{"0":"post-72337","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bernard-arnault","8":"tag-bernard-arnault","9":"tag-brand-management","10":"tag-lvmh","11":"tag-marc-jacobs","12":"tag-vera-wang","13":"tag-wall-street-journal","14":"tag-whp-global"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@people\/116578501682599642","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/posts\/72337","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/comments?post=72337"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/posts\/72337\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/media\/72338"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/media?parent=72337"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/categories?post=72337"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/tags?post=72337"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}