World Footwear

Companies

LVMH to buy majority stake in Off-White

Jul 20, 2021 France
LVMH to buy majority stake in Off-White
The international luxury group announced the acquisition of 60% of shares of Off-White LLC, owner of the Off-White brand
After the completion of the transaction, the founder of the luxury streetwear brand, Virgil Abloh, will retain a 40% stake in the company and continue in the role of Creative Director of the brand.

The terms of the transaction have not been disclosed, but the LVMH "will work with Abloh to launch new brands and boost existing ones, inside and outside the fashion industry".

The New Guards Group, owned by Farfetch and which gave rise to the Abloh's brand, will continue to be an operating partner through the licensing agreement with Off-White LLC.

Image credits: kendam.com

Related Events

  • Jan
    17
    Jan 17-Jan 19, 2026 | Paris, France

    Who's Next

  • Feb
    3
    Feb 3-Feb 5, 2026 | Paris, France

    Première Vision

  • Mar
    6
    Mar 6-Mar 9, 2026 | Paris, France

    Première Classe - Jardin des Tuileries

  • Sep
    16
    Sep 16-Sep 18, 2026 | Paris, France

    Première Vision

Related Organizations

  • FNDMV - National Federation of Leather Goods and Travel Goods Retailers

    FNDMV - National Federation of Leather Goods and Travel Goods Retailers

    France
  • Paris Ile-de-France Chamber of Commerce and Industry

    Paris Ile-de-France Chamber of Commerce and Industry

    France
  • International Shoe Museum Romans-sur-Isère

    International Shoe Museum Romans-sur-Isère

    France
  • French Federation of Hides and Skins

    French Federation of Hides and Skins

    France