The French luxury goods group LVMH, which includes labels such as Louis Vuitton, Dior, Celine and Moët Hennessy, allegedly consider the sale of his Marc Jacobs brand.
According to a report by the Wall Street Journal daily newspaper on Friday, which relies on insider sources, the transaction could achieve a value of $ 1 billion (920 million euros). Several potential buyers: inside, including the US companies Authentic Brands Group, which belongs, among other things, and WHP Global, the owner of Vera Wang, are therefore in discussions with the French group.
LVMH, the world market leader in the luxury segment, announced a decline in net profit in the first half of the year by 22 percent to 5.7 billion euros on Thursday. The company justified this with a “disturbed economic and geopolitical environment”. In the first half of the year, sales fell by four percent to 39.8 billion euros.
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