Find in the news:
BY COUNTRY

Fashion giant LVMH gets control of Virgil Ablo's Off-White brand



LVMH will acquire a controlling stake in Off-White, with its founder retaining 40%.
Virgil Ablo's Off-White brand

Italian luxury streetwear brand Off-White of Virgil Ablo has changed its primary owner. The multinational fashion giant Louis Vuitton Moet Hennessy acquired 60% of the company. 

"Virgil Ablo and LVMH today announce a definitive agreement under which LVMH will acquire a majority stake in Off-White... The transaction will result in LVMH owning a 60% stake in Off-White," the holding company said in an official statement. The deal is expected to close within two months. 

The off-White brand was created in 2012 by American designer Virgil Ablo who will retain a 40% stake in the company after the deal with LVMH. The company has 24 branded stores in the world's major cities, and its products are represented in the major department stores in the U.S., Europe, and Russia. In recent years, Off-White has been among the most popular fashion brands in the world. In the latest rating of the international platform Lyst, the brand surpassed Nike in popularity and took first place. 

Ablo himself officially moved to Louis Vuitton in 2018 and today remains the creative director of men's collections for one of the most expensive fashion houses. It is known that after the deal with LVMH, Ablo will get a new position at the company. 

Photo credit: depositphotos.com.

More about shopping malls in the USA



Sep 20, 2021, Japan:
The top floor of the world's most popular Japanese department store now has its cafe.
Sep 20, 2021, USA:
The owners of the American Dream decided not to wait until the luxury "Avenue" was at least half full.
Sep 17, 2021, USA:
The retailer is ready to invest in retail development in the U.S. market, which was hit by the crisis.
Sep 17, 2021, Spain:
Worldwide sales are recovering, both at retail and through online channels.
Sep 15, 2021, France:
The total area of the new retail space in the Madeleine area will be 724 square meters.
Sep 14, 2021, USA:
The 30-day subscription, which allows you to buy one taco a day, costs $5 and $10.
Friend
and Follow
Silesia City Centre GLA:699 654 SF
ADDRESS: Chorzowska 107
Poland . Katowice
Silesia City Centre
Queens Place GLA:440 000 SF
ADDRESS: 88-01 Queens Boulevard Elmhurst, NY 11373
USA . New York
Queens Place
Cabot Circus GLA:990 280 SF
ADDRESS: Glass House, Bristol BS1 3BX
United Kingdom . Bristol
Cabot Circus
Olympia Einkaufszentrum GLA:602 779 SF
ADDRESS: Hanauer Straße 68, 80993
Germany . Munich
Olympia Einkaufszentrum


Edit text

Dear visitor!
If You wish to add appropriate information to this description, please make changes in the text below and they will take effect after being verified by Malls.com administrator.

SAVE CHANGES
ADD PHOTO

Dear visitor!
If you desire to add more photos to this description, please upload them and they will appear on the page after being verified by Malls.com administrator.

CHOOSE PHOTOS
SAVE CHANGES
Sign in Malls.com
Sign in please, if you already have an account

Registration



Error filling
Error filling
Error filling
Error filling
Thank you!
You will receive e-mail with registration data shortly. In email you'll find link, confirm your account by clicking on it, please.

Malls.com Team
Thank you for message!
In the near future you will be contacted the manager
for further details.

Malls.com Team
Good mall, bro!
In the near future you will be contacted the manager
for further details.

Malls.com Team
We are dissatisfied with you :-(
In the near future you will be contacted the manager
for further details.

Malls.com Team

Write to us