LVMH Considers Sale of Marc Jacobs Brand Amid Strategic Portfolio Shift

French luxury conglomerate LVMH is reportedly in discussions to sell its fashion label Marc Jacobs, with potential buyers including Authentic Brands Group, WHP Global, and Bluestar Alliance. The deal could be valued at approximately $1 billion. This move aligns with LVMH's recent strategy to streamline its portfolio, following the sale of Off-White and the repurchase of Stella McCartney's minority stake earlier this year. The potential sale of Marc Jacobs reflects broader trends in the luxury retail sector, where companies are reassessing their brand portfolios in response to evolving market dynamics. While the deal could finalize soon, the outcome remains uncertain as negotiations continue.