LVMH - The Luxury Goods Conglomerate

[Drusilla_]

interesting to see they're trying to sell Marc's label, it's been in the financial doldrums ever since they got rid of Marc by Marc (which was actually a good diffusion line and had a point of view that wasn't just 'cheaper') and I assumed that new merch line Heaven had put them back in good shape but apparently not as good as I thought?

 

[Lola701]

interesting to see they're trying to sell Marc's label, it's been in the financial doldrums ever since they got rid of Marc by Marc (which was actually a good diffusion line and had a point of view that wasn't just 'cheaper') and I assumed that new merch line Heaven had put them back in good shape but apparently not as good as I thought?

Marc is profitable again. It’s making good money But it’s not a luxury brand. There’s no perspective of growth in that eco-system without a large distribution.

Marc was already too big anyway. It’s not Kenzo or Patou.

I can see them getting rid of Marc as soon as Celine, Loewe and Fendi reach very good numbers. MJ can be sold at a good price…above 500 M for sure!