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Spotlight | France, United Kingdom
How LVMH poured €111m into Stella McCartney

Published on 12.01.2023 at 06:30 GMT Reading time 3 min

The Arnault family, majority shareholders of LVMH and partners of Stella McCartney since 2019, flocked to her show at Paris Fashion Week on 2 October 2022. © Studio Pachamama

Officially, French luxury giant LVMH and British designer Stella McCartney have been "partners" since 2019. In fact, they have strong financial links that have grown even closer in recent months.

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The sparkling new owners of Stella McCartney's former Bond Street flagship

In an increasingly tricky financial situation, the fashion house owned by the designer and daughter of former Beatle Paul McCartney is doing everything it can to get its accounts back on track as it teeters on the brink of bankruptcy.

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Divesh Makan, the wealth manager who engineered the split between LVMH and Stella McCartney

A director at Stella McCartney, Makan helped pull off the move to buy back LVMH's stake in the brand. The South African is also very close to Louis Vuitton creative director Pharrell Williams. His Iconiq fund manages the assets of a host of Hollywood stars who front luxury brands, as well as leading Silicon Valley executives.

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LVMH played a central role in the long-awaited return of British designer Phoebe Philo.

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Spotlight | France, United Kingdom How LVMH poured €111m into Stella McCartney

Officially, French luxury giant LVMH and British designer Stella McCartney have been "partners" since 2019. In fact, they have strong financial links that have grown even closer in recent months.

This article is free

Create an account to read more

create a free account

Related topics to this article

Read also

The sparkling new owners of Stella McCartney's former Bond Street flagship

Tough times for Stella McCartney post-LVMH

Front Row Divesh Makan, the wealth manager who engineered the split between LVMH and Stella McCartney

LVMH spends lavishly on Jonathan Anderson's label

Paris boutique vacated by Stella McCartney in 2020 finally finds new tenants

Perfumer Francis Kurkdjian elbows into pantheon of Paris luxury

Kering and LVMH vie for virtuousness, Chanel switches sides

Gabriela Hearst's increasing designs on Hermès's Dumas heirs

Spotlight How much did LVMH invest in Phoebe Philo's new venture?

Between Stella McCartney and Louis Vuitton, LVMH loyalties split over animal leather

LVMH deploys diplomatic touch in Seoul

Alexandre Arnault, the man behind Jay-Z's return to the stage

Silicon Valley wealth manager Divesh Makan boosts Stella McCartney's board

Dior puts its best foot forward in bid for Indian market

Spotlight Thirteen years on, French justice eyes key player in failed LVMH takeover of Hermès

Gabriela Hearst's delicate balancing act between Chloé and her namesake brand

Spotlight K-pop stars rise to the top of the fashion world charts

Spotlight Richemont, LVMH and Chanel add dukes, lords and royals to their collections

Developer Ely-Michel Ruimy turns tidy profit in sale of Paris properties to Kering

Higher electricity prices spark disarray in luxury production lines

Arnault family and US's Catterton make bid for A.P.C.

Luxury industry forms alliance with H&M and Zara in battle against labelling requirements

Brands elbow for exposure in Netflix's Emily in Paris

Eyewear manufacturer Logo loses €133m claim it sought from LVMH

Is Hermès heir Nicolas Puech still in charge of his own foundation?

Dior caught up in bitter neighbourhood battle on Avenue Montaigne

LVMH cutting ties between Loro Piana and traditional tailors

Spotlight LVMH, Kering, Richemont and Rolex face off in Riyadh, luxury's new El Dorado

LVMH still on the hunt for next protection chief

Faux war rages on leather and fur front among LVMH, Kering, Chanel and Hermès

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Spotlight | France, United Kingdom
How LVMH poured €111m into Stella McCartney

Front Row
Divesh Makan, the wealth manager who engineered the split between LVMH and Stella McCartney

Spotlight
How much did LVMH invest in Phoebe Philo's new venture?

Spotlight
Thirteen years on, French justice eyes key player in failed LVMH takeover of Hermès

Spotlight
K-pop stars rise to the top of the fashion world charts

Spotlight
Richemont, LVMH and Chanel add dukes, lords and royals to their collections

Spotlight
LVMH, Kering, Richemont and Rolex face off in Riyadh, luxury's new El Dorado