LVMH is reportedly considering selling Marc Jacobs for approximately $1 billion USD to potential buyers like Authentic Brands, WHP Global, or Bluestar Alliance, a move that aligns with LVMH’s recent divestment of other contemporary labels amidst a “luxury slowdown” and decreasing sales in its Fashion and Leather Goods division.

French luxury goods group LVMH is in discussions with multiple buyers to offload its fashion label Marc Jacobs, people familiar with the matter told Reuters on Friday.

The Marc Jacobs brand might be coming back to America. Twenty-eight years after Bernard Arnault stepped in to first help support the designer's brand, LVMH Moët Hennessy Louis Vuitton is said to be working with investment bankers at J.

LVMH Moët Hennessy Louis Vuitton is in discussions to sell fashion brand Marc Jacobs in a deal that could fetch around $1 billion, according to people familiar with the matter.

LVMH is working on a sale of its Marc Jacobs fashion brand as the luxury goods giant contends with a slump in demand, according to people familiar with the matter. The Paris-based conglomerate behind brands including Louis Vuitton,