Stella McCartney gets the shares of her LVMH brand of the same name.
Stella McCartney announced the repurchase of LVMH’s minority stake in the fashion house she founded after more than five years of “fertile cooperation”, the French luxury goods group said on Monday. The British designer wanted to open a new chapter for her brand. After consolidating the foundation and leadership of your house in close cooperation with the group, things should go on independently.
However, the end of the participation does not mean that for the cooperation between McCartney and LVMH. She will continue to advise as a global ambassador on sustainability LVMH and CEO Bernard Arnault on sustainability.