Latest Fashion News
LVMH sells Marc Jacobs to WHP Global and G-III for up to $850 million
French luxury group LVMH has agreed to sell the Marc Jacobs fashion brand to a joint venture between brand manager WHP Global and apparel company G-III, which are raising up to $850 million to fund the deal . Marc Jacobs will remain a core part of WHP Global’s premium fashion portfolio alongside Vera Wang, rag & bone, and G-STAR
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Marc Jacobs deal values label at $850 million–$1 billion
The transaction price for LVMH’s sale of Marc Jacobs to WHP Global is estimated between $850 million and $1 billion, though not officially disclosed, according to sources cited by the Wall Street Journal . The deal marks the end of roughly three decades of Marc Jacobs being part of LVMH’s portfolio
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Marc Jacobs to stay creative director after sale
Founder Marc Jacobs, now 63, will continue as creative director of his namesake label under the new ownership, expressing his dedication to the role on Instagram . His long tenure at LVMH includes 16 years as artistic director at Louis Vuitton before focusing on his own brand
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WHP Global adds Marc Jacobs to growing premium portfolio
New York–based WHP Global, known for managing brands such as Vera Wang, G-Star, and Toys R Us, is set to add Marc Jacobs as a core brand in its portfolio, lifting its global retail sales above $9.5 billion . WHP expects annual revenues already above $8.5 billion to grow further with the Marc Jacobs acquisition
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LVMH continues portfolio streamlining with Marc Jacobs exit
The divestment of Marc Jacobs fits LVMH’s broader strategy to streamline its brand portfolio, following earlier sales such as Off‑White in 2024 and partial exits from Stella McCartney and Chinese Duty Free Shops . LVMH’s chairman Bernard Arnault praised Marc Jacobs’ creativity and influence on fashion
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Milan Fashion Week set to restrict fur on runways
Milan Fashion Week organizers announced they will ask participating brands not to show fur in runway collections, a partial response to pressure from animal rights activists . The move reinforces Italy’s role in shifting fashion away from real animal fur toward more sustainable alternatives
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Miss Eco International PH stuns in red at sashing ceremony
Miss Eco International PH, Gabbi Carballo, drew attention at her sashing ceremony in a striking red ensemble, underlining the pageant’s focus on eco‑conscious fashion and sustainability messaging . The event highlights how beauty pageants continue to blend glamour with environmental advocacy
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Cannes Film Festival doubles as global fashion showcase
The 2026 Cannes Film Festival, running from May 12 to May 23, is again serving as a major fashion stage, with top designers and brands dressing stars on the red carpet . The event links cinema and high fashion, amplifying brand visibility and setting seasonal trends
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WHP Global expands influence over global fashion brands
By acquiring Marc Jacobs, WHP Global strengthens its position as a leading American brand management firm overseeing roughly 15 fashion and lifestyle labels . This expansion underscores the growing role of IP‑driven brand managers in the global fashion ecosystem
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LVMH refocuses on core luxury and travel‑retail segments
Following the upcoming Marc Jacobs sale, LVMH is expected to continue focusing investment and management attention on core luxury houses and travel‑retail assets such as its Chinese Duty Free Shops exit partner CTG Duty‑Free . The reshaping of LVMH’s portfolio reflects shifting priorities in luxury ownership and capital allocation
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