The American designer, 63, will stay on as creative director as his label changes hands for the first time in three decades, with LVMH pressing ahead with a broader portfolio clear-out.

En un comunicado conjunto emitido este jueves por LVMH y WHP Global, Marc Jacobs dijo que estará siempre agradecido al consejero delegado de la primera de esas empresas, Arnaud...

LVMH has reached a definitive agreement to sell its stake in Marc Jacobs to WHP and G-III Apparel for $850 million.