LVMH weighs sale of Marc Jacobs and Fenty Beauty stake as luxury slowdown bites
Culture Index
Score Breakdown
Relevance
15/25
Freshness
25/25
Authority
18/20
Brand Signal
18/15
Depth
10/15
5-Axis Cultural Radar
LVMH is reportedly exploring the sale of several fashion, beauty and drinks brands as the luxury giant looks to sharpen its focus amid weaker demand across the sector. According to the Financial Times, the French conglomerate has considered putting assets including Marc Jacobs, its stake in Rihanna’s Fenty Beauty brand and US wine producer Joseph...
