LVMH Sells Streetwear Brand Off-White, Founded By The Late Virgil Abloh In 2012, To Bluestar Alliance
Louis Vuitton Moët Hennessy(LVMH) has sold Off-White LLC to brand management company Bluestar Alliance, marking a significant transition for the luxury fashion brand Virgil Abloh founded in 2012. Women’s Wear Daily reported that while the financial terms of the deal remain undisclosed,
LVMH Sells Off-White Label to Brand Management Company
The French luxury-goods group in July 2021 agreed to acquire a 60% majority stake in the company with Off-White founder Virgil Abloh holding the remaining 40%. Off-White was founded in 2012. Write to Pierre Bertrand at pierre.
LVMH sells Off-White streetwear brand founded by Virgil Abloh
French luxury group LVMH has sold the streetwear brand Off-White founded by the late designer Virgil Abloh to a brand management company. LVMH would not disclose the terms of the deal with New-York based Bluestar Alliance,
LVMH Sells Virgil Abloh's Off-White Label as Luxury Profits Stall
French luxury goods company LVMH has sold its stake in the streetwear label Off-White three years after the death of the brand's founder, Virgil Abloh. New York–based brand management company Bluestar Alliance now owns LVMH's stake.
LVMH Shares Fall on Sale of Virgil Abloh’s Off-White Brand
Shares of LVMH Moët Hennessy Louis Vuitton, or LVMH ($FR:MC), fell over 1% as of writing after it agreed to sell Off-White LLC to the U.S.-based
LVMH Sells Off-White to Bluestar Alliance
Bluestar Alliance owns, manages, and markets a portfolio of consumer brands ranging from Hurley, Scotch & Soda and Bebe, to Elie Tahari, Catherine Malandrino and Nanette Lepore, among others.
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It’s About Time Rob Lowe Sat Front Row at Paris Fashion Week
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The Boyz Take Paris Fashion Week With Juyeon at Balenciaga, New Pops in Purple for Sacai
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