LVMH in Talks to Sell Marc Jacobs

LVMH is a French multinational luxury goods conglomerate founded in 1987 through the merger of Moët Hennessy and Louis Vuitton.

French luxury goods platform LVMH is reportedly in discussions to sell fashion brand Marc Jacobs for a reported $1 billion as part of a strategic realignment to streamline its portfolio of brands.

Reuters: LVMH in talks to offload fashion label Marc Jacobs, sources say

Rick Watson

Rick Watson founded RMW Commerce Consulting after spending 20+ years as a technology entrepreneur and operator exclusively in the eCommerce industry with companies like ChannelAdvisor, BarnesandNoble.com, Merchantry, and Pitney Bowes.

Watson’s work today is centered on supporting investors and management teams incubating and growing direct-to-consumer businesses. Most recently, in partnership with WHP Global, Rick was a critical resource in architecting the WHP+ platform, a new turnkey direct to consumer digital e-commerce platform that powers AnneKlein.com and JosephAbboud.com.

Watson also hosts a weekly podcast, Watson Weekly, where he shares an unbiased, unfiltered expert take on the retail sector’s biggest players.

In the past year alone, Rick has spoken at many in-person and virtual events as well as podcasts on topics ranging from retail/ecom to supply chain/logistics and even digital grocery including CommerceNext IRL, ASCM Connect, and Retail Innovation Conference.

https://www.rmwcommerce.com/
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