lvmh to buy 60 stake in off white abloh to expand role in the group

LVMH to buy 60% stake in Off-White, Abloh to expand role in the group

Sumary of LVMH to buy 60% stake in Off-White, Abloh to expand role in the group:

  • Published Jul 20, 2021 Reading time 2 minutes Download Print Text size aA+ aA- Published Jul 20, 2021 In a month that’s shaping up to be a big one as far as luxury deals are concerned, the latest news is that LVMH is boosting its minority stake in Off-White.
  • See catwalkLouis Vuitton – Spring-Summer2020 – Menswear – Paris – © PixelFormulaImportantly too, the designer will also take an expanded role within LVMH beyond his existing post as creative chief at Louis Vuitton menswear.
  • Abloh has been at the helm of Louis Vuitton menswear since 2018 and will retain that role while working with the ever-growing empire “to launch new brands and partner with existing ones in a variety of sectors beyond the realm of fashion”, they said.

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