Latest news with #Off-White
Canada News.Net
16 hours ago
- Business
- Canada News.Net
LVMH eyes Marc Jacobs sale amid portfolio reshuffle efforts
NEW YORK CITY, New York: Marc Jacobs, once a crown jewel in LVMH's fashion portfolio, may soon find a new home. The French luxury conglomerate is in advanced talks to sell the American label, according to sources familiar with the matter. The discussions are ongoing with several potential buyers, including Authentic Brands Group, owner of Reebok, and brand management firm WHP Global. Both declined to comment or did not immediately respond. Bluestar Alliance, which owns Brookstone and recently acquired Off-White from LVMH, is also reportedly in the running. A deal could value Marc Jacobs at around US$1 billion, according to the Wall Street Journal, which first reported the development. LVMH, Marc Jacobs, and Bluestar Alliance have not responded to requests for comment. In 2024, Bloomberg reported that LVMH was evaluating strategic options for the brand, though LVMH denied the claim at the time. Founded in 1984 by designer Marc Jacobs, the brand is known for its eclectic, irreverent aesthetic that blends luxury with streetwear. LVMH acquired a stake in the label after naming Jacobs the creative director of Louis Vuitton in 1997, a post he held until 2013. The potential sale reflects a broader portfolio reshaping by LVMH. Last year, it sold streetwear label Off-White to Bluestar Alliance, and earlier this year, designer Stella McCartney repurchased LVMH's minority stake in her eponymous label. While McCartney will continue advising LVMH on sustainability, the move marked another step away from the group's diversification strategy in fashion. A sale of Marc Jacobs would mark a significant shift for LVMH, which is navigating a softer luxury market and intensifying global competition. The company's second-quarter earnings came in slightly below expectations, though executives noted signs of recovery in the Chinese market, a critical growth engine. Analysts say LVMH appears focused on its core powerhouses, Louis Vuitton, Dior, and Tiffany & Co., and may be trimming niche or underperforming assets to tighten focus and unlock capital. If finalized, the Marc Jacobs sale would follow a string of high-profile deals reshaping the luxury sector, including Prada's $1.4 billion acquisition of Versace from Capri Holdings earlier this year.
Fashion Network
20-07-2025
- Entertainment
- Fashion Network
Off-White's IB Kamara, designer Torishéju Dumi receive honorary doctorates from Central Saint Martins
Stylist and Off-White creative director IB Kamara and Nigerian-Brazilian fashion designer Torishéju Dumi are among a distinguished line-up of creatives to receive honorary doctorates from Central Saint Martins, University of the Arts London (UAL). IB Kamara, 'a British multi-hyphenate creative based in London' and a Central Saint Martins alum, currently serves as creative director for Off-White, editor-in-chief of Dazed, and a consulting stylist with numerous brands including Chanel and Kenzo. Mentored by the late Barry Kamen, Kamara has worked as costume stylist on Sampha's short film 'Process', directed by Beyoncé and Kendrick Lamar, and in 2017, he styled a Stella McCartney campaign for the brand's #StellaBy collaboration. He has also styled editorials, campaigns and runway shows for brands including Dior, Chanel, Louis Vuitton, Nike and Ferragamo. Meanwhile Torishéju Dumi 'one of the industry's most promising young talents' is a graduate of University of the Arts London. She worked at Celine during Phoebe Philo 's tenure and at Ann Demeulemeester. A graduate of Lee Alexander McQueen 's Sarabande Foundation, Torishéju launched her signature label in 2022. She released her first collection, Mami Wata, in 2023 and made her Paris Fashion Week debut with her Spring/Summer 2024 collection. In all, the 12 recipients of this year's UAL honorary awards included influential creatives and artists across fields including fashion, theatre, video game development, sustainability, cosmetic science, curation, fine art, education and activism.
Fashion Network
20-07-2025
- Entertainment
- Fashion Network
Off-White's IB Kamara, designer Torishéju Dumi receive honorary doctorates from Central Saint Martins
Stylist and Off-White creative director IB Kamara and Nigerian-Brazilian fashion designer Torishéju Dumi are among a distinguished line-up of creatives to receive honorary doctorates from Central Saint Martins, University of the Arts London (UAL). IB Kamara, 'a British multi-hyphenate creative based in London' and a Central Saint Martins alum, currently serves as creative director for Off-White, editor-in-chief of Dazed, and a consulting stylist with numerous brands including Chanel and Kenzo. Mentored by the late Barry Kamen, Kamara has worked as costume stylist on Sampha's short film 'Process', directed by Beyoncé and Kendrick Lamar, and in 2017, he styled a Stella McCartney campaign for the brand's #StellaBy collaboration. He has also styled editorials, campaigns and runway shows for brands including Dior, Chanel, Louis Vuitton, Nike and Ferragamo. Meanwhile Torishéju Dumi 'one of the industry's most promising young talents' is a graduate of University of the Arts London. She worked at Celine during Phoebe Philo 's tenure and at Ann Demeulemeester. A graduate of Lee Alexander McQueen 's Sarabande Foundation, Torishéju launched her signature label in 2022. She released her first collection, Mami Wata, in 2023 and made her Paris Fashion Week debut with her Spring/Summer 2024 collection. In all, the 12 recipients of this year's UAL honorary awards included influential creatives and artists across fields including fashion, theatre, video game development, sustainability, cosmetic science, curation, fine art, education and activism.
Fashion Network
20-07-2025
- Entertainment
- Fashion Network
Off-White's IB Kamara, designer Torishéju Dumi receive honorary doctorates from Central Saint Martins
Stylist and Off-White creative director IB Kamara and Nigerian-Brazilian fashion designer Torishéju Dumi are among a distinguished line-up of creatives to receive honorary doctorates from Central Saint Martins, University of the Arts London (UAL). IB Kamara, 'a British multi-hyphenate creative based in London' and a Central Saint Martins alum, currently serves as creative director for Off-White, editor-in-chief of Dazed, and a consulting stylist with numerous brands including Chanel and Kenzo. Mentored by the late Barry Kamen, Kamara has worked as costume stylist on Sampha's short film 'Process', directed by Beyoncé and Kendrick Lamar, and in 2017, he styled a Stella McCartney campaign for the brand's #StellaBy collaboration. He has also styled editorials, campaigns and runway shows for brands including Dior, Chanel, Louis Vuitton, Nike and Ferragamo. Meanwhile Torishéju Dumi 'one of the industry's most promising young talents' is a graduate of University of the Arts London. She worked at Celine during Phoebe Philo 's tenure and at Ann Demeulemeester. A graduate of Lee Alexander McQueen 's Sarabande Foundation, Torishéju launched her signature label in 2022. She released her first collection, Mami Wata, in 2023 and made her Paris Fashion Week debut with her Spring/Summer 2024 collection. In all, the 12 recipients of this year's UAL honorary awards included influential creatives and artists across fields including fashion, theatre, video game development, sustainability, cosmetic science, curation, fine art, education and activism.
Fashion Network
20-07-2025
- Entertainment
- Fashion Network
Off-White's IB Kamara, designer Torishéju Dumi receive honorary doctorates from Central Saint Martins
Stylist and Off-White creative director IB Kamara and Nigerian-Brazilian fashion designer Torishéju Dumi are among a distinguished line-up of creatives to receive honorary doctorates from Central Saint Martins, University of the Arts London (UAL). IB Kamara, 'a British multi-hyphenate creative based in London' and a Central Saint Martins alum, currently serves as creative director for Off-White, editor-in-chief of Dazed, and a consulting stylist with numerous brands including Chanel and Kenzo. Mentored by the late Barry Kamen, Kamara has worked as costume stylist on Sampha's short film 'Process', directed by Beyoncé and Kendrick Lamar, and in 2017, he styled a Stella McCartney campaign for the brand's #StellaBy collaboration. He has also styled editorials, campaigns and runway shows for brands including Dior, Chanel, Louis Vuitton, Nike and Ferragamo. Meanwhile Torishéju Dumi 'one of the industry's most promising young talents' is a graduate of University of the Arts London. She worked at Celine during Phoebe Philo 's tenure and at Ann Demeulemeester. A graduate of Lee Alexander McQueen 's Sarabande Foundation, Torishéju launched her signature label in 2022. She released her first collection, Mami Wata, in 2023 and made her Paris Fashion Week debut with her Spring/Summer 2024 collection. In all, the 12 recipients of this year's UAL honorary awards included influential creatives and artists across fields including fashion, theatre, video game development, sustainability, cosmetic science, curation, fine art, education and activism.
