British fashion designer Stella McCartney, a joint statement published on Monday, January 27, skips solo by purchasing a minority of shares owned by a giant LvMH at her company.
Since 2019, LVMH has 49 % of brand stocks established in 2001 by a stylist, the daughter of former Beetle Paul McCartney.
The amount of transactions has not been revealed.
“This new chapter of Stella McCartney reflects her desire to write a new page independently in her story after working closely with the group to strengthen the basics and governance of her house.” The statement states.
Stella McCartney has added a document that “I will continue to advise the durable ambassador of sustainability to the executive team of Bernard Arnault and LVMH.”
Stella McCartney -A vegetarian in the cause of the animal, and does not use leather, fur, or wings in her work -these problems, especially for sustainable development since 2019. I am advised to a luxury group CEO.
The Stella McCartney brand offers women’s ready -made, children’s collections, and various beauty products in 2022 … 48 directly owned stores and 21 franchises, such as New York, London, Paris, Milan, etc. Provides 21 franchises in major cities. Tokyo, Shanghai, Beijing. It is also sold online in about 100 countries and has a third -party distributor network consisting of more than 800 points around the world.
