LVMH sells Marc Jacobs to WHP Global, which will form partnership with G-III

French luxury giant LVMH will sell its Marc Jacobs brand to US brand firm WHP Global, the two companies said Thursday. Marc Jacobs, acquired by LVMH in 1997, will keep the namesake American designer as creative director once the transaction is finalized — expected by the end of the year once necessary regulatory approvals have […] The post LVMH sells Marc Jacobs to WHP Global, which will form partnership with G-III appeared first on Digital Journal.