Luxury conglomerate LVMH explores options for Marc Jacobs brand amid potential buyer interest.

Luxury conglomerate LVMH is exploring options for its Marc Jacobs fashion brand amid interest from potential buyers. LVMH owns 80% of the brand, which recorded €600 million in sales in 2023. The review of the brand's future is in the early stages, and LVMH has not made a final decision on how to respond to the interest, which could attract bids from other consumer companies as well as private equity firms.