LVMH Is Considering Options for Marc Jacobs Amid Buyer Interest, Sources Say
- Affordable luxury brand drawing interest from suitors
- French luxury conglomerate taps adviser to review options
LVMH Moet Hennessy Louis Vuitton SE is exploring options for its Marc Jacobs fashion brand amid interest from potential buyers, people with knowledge of the matter said.
The fashion giant has been working with advisers to study possibilities for Marc Jacobs after getting approaches from suitors, the people said. The brand could attract bids from other consumer companies as well as private equity firms, the people said, asking not to be identified because the information was private.