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Apparel and accessories

LVMH acquires majority stake in Off-White, expanding relationship with Virgil Abloh

July 20, 2021

Virgil Abloh found the luxury brand Off-White in 2013. Image credit: LVMH

 

By Luxury Daily News Service

French luxury conglomerate LVMH Moët Hennessy Louis Vuitton is acquiring a majority stake in Off-White, deepening the relationship with Louis Vuitton’s menswear creative director, Virgil Abloh.

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  1. Estée Lauder Cos. establishes new fragrance innovation hub in Paris
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  4. Vera Wang sells IP to brand management firm WHP Global
  5. Meta drops price on paid subscription tier in EU
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  7. Tiffany & Co., Sotheby’s team up on auction, pop-up experience
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