LVMH to acquire 60% stake in Virgil Abloh’s Off-White street fashion brand
French luxury goods company LVMH has agreed to acquire a stake of 60% in Off-White LLC, the trademark owner of American designer Virgil Abloh’s street fashion brand Off-White. Virgil Abloh will retain the remaining 40% stake and will continue as the brand’s creative director. The financial terms of the deal were not disclosed. Off-White, which […]