LVMH Streamlines Portfolio In $850 Million Sale To WHP And G-III Apparel
Corroborated by 4 sources from 4 publishers
globaltech9h ago
TL;DR
Reports differ across sources; according to forbes.com, topline LVMH is divesting Marc Jacobs in an $850 million sale to a newly formed joint venture between WHP Global and G-III Apparel Group, according to numerous sources.
Sources
1
Bloomberg Industries
https://www.bloomberg.com/news/articles/2026-05-14/lvmh-agrees-to-sell-the-marc-jacobs-brand-to-whp-global
1d ago
2
Dow Jones U.S. Business
https://www.wsj.com/business/retail/lvmh-to-sell-marc-jacobs-d17501f8?mod=pls_whats_news_us_business_f
1d ago
3
Financial Times Companies
https://www.ft.com/content/fe04f852-7876-4468-a400-44f7b8ec7084
1d ago
4
Forbes Business
https://www.forbes.com/sites/pamdanziger/2026/05/15/lvmh-streamlines-portfolio-in-850-million-sale-to-whp-and-g-iii-apparel
9h ago