The Bernard Arnault-led company has been discussing deals with multiple parties, including Reebok-owner Authentic Brands, Brookstone-owner Bluestar Alliance and Vera Wang parent WHP Global.
Luxury goods group LVMH is in discussions to sell fashion label Marc Jacobs in a deal that could fetch around $1 billion, the Wall Street Journal reported on Friday, citing people familiar with the matter.
Famed French fashion brand Louis Vuitton faces a money laundering probe in the Netherlands over cash purchases made by a Chinese national who spent around $3.5 million on handbags and other luxury goods, according to a report.
Shares in French luxury group LVMH dipped in early Paris stockmarket trade on Friday after the group reported second-quarter sales slightly below expectations.
PARIS - Eine schwächere Nachfrage bei Spirituosen und Mode hat dem Luxuskonzern LVMH FR0000121014 im ersten Halbjahr einen Erlös- und Gewinnrückgang eingebrockt.
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