LVMH sells Stella McCartney minority stake as luxury sector struggles
Forrás:
Euronews.com
3 hónapja
LVMH is selling its 49% stake in Stella McCartney back to the founder as part of a strategy to offload labels amid a struggling luxury market. The company's share price has declined, and it faces challenges such as falling demand in China and a global cost of living crisis. Despite this, Morgan Stanley has upgraded LVMH's rating, citing improved prospects for key brands. Teljes cikk (Euronews.com)