WHP Global and Marquee Brands have bought two prominent luxury fashion houses in the past week. The moves reflect a broader push by such firms into premium brands.
In the past week WHP Global acquired Marc Jacobs while Marquee Brands took ownership of Roberto Cavalli. These deals add to earlier purchases of labels including Vera Wang, Off-White and Palm Angels by similar management companies such as Authentic and Bluestar Alliance.
Luxury giant LVMH has reached an agreement to sell the Marc Jacobs brand to WHP Global. The deal is expected to close by the end of the year after regulatory approvals.
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Marquee Brands has entered a definitive agreement to acquire a majority interest in the Italian luxury fashion house Roberto Cavalli. The New York-based company announced the deal on Wednesday without disclosing financial terms. This marks Marquee's first foray into luxury acquisitions.
Ermenegildo Zegna Group held its Spring/Summer 2027 show in Malibu and opened Villa Zegna at the Chateau Marmont this week. Executive chairman Gildo Zegna highlighted the Americas as the brand's strongest growth region.
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Jack McCollough and Lazaro Hernandez, creative directors at Loewe, appeared on a recent Vogue podcast to discuss their first year in Paris and plans for the brand.