The Bernard Arnault-led company has been exploring strategic options for Marc Jacobs after receiving interest from potential buyers. Authentic Brands, which owns Reebok, declined to comment, while WHP Global did not immediately respond. Bluestar Alliance, owner of Brookstone, is also reportedly interested in acquiring the brand.
LVMH has been streamlining its portfolio by divesting non-core brands. Last year, it sold Off-White to Bluestar Alliance, and earlier this year, Stella McCartney repurchased LVMH’s minority stake in her eponymous label.
French luxury brands continue to face challenges, including market downturns and potential U.S. import tariffs. - Reuters
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