Stella McCartney buys back stake in fashion brand from LVMH

It is the latest stake sale by Louis Vuitton Moet Hennessy as it tackles a wider slowdown in the luxury sector.

Henry Saker-Clark
Tuesday 28 January 2025 07:52 EST
Stella McCartney has bought back a stake in her fashion house from French firm LVMH (Andrew Matthews/PA)
Stella McCartney has bought back a stake in her fashion house from French firm LVMH (Andrew Matthews/PA) (PA Archive)

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

Stella McCartney has bought back a stake in her fashion business from luxury clothing giant LVMH (Louis Vuitton Moet Hennessy).

It is the latest stake sale by LVMH as it tackles a wider slowdown in the luxury sector.

The French firm said Ms McCartney will repurchase the minority stake it had bought from her more than five years earlier.

The value of the deal was not disclosed.

It is understood the designer, who is the daughter of The Beatles’ Sir Paul McCartney, had originally sold a 49% stake in her fashion house to LVMH.

Gucci owner Kering had previously owned part of the brand before a stake was sold to LVMH.

In a statement, the companies said: “This new chapter for Stella McCartney reflects her desire to write a new page in her story independently, after working closely with the group to strengthen the fundamentals and governance of her house.”

LVMH said Ms McCartney will continue to advise chief executive Bernard Arnault – who is one of the world’s wealthiest individuals – and the company’s executive team on sustainability issues.

Shares in LVMH nudged lower on Tuesday morning after the deal was announced.

LVMH has seen a recovery in its share value over the past month as it seeks to recover from a broad downturn in the luxury sector.

It sold the Off-White fashion brand to Scotch & Soda owner Bluestar Alliance in September as part of efforts to revive its fortunes.

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in