LVMH Purchases Majority Stake in Virgil Abloh’s Off-White

Building on their blossoming relationship, Louis Vuitton menswear artistic director Virgil Abloh’s Off-White™ label has recently had its majority share purchased by the French label’s conglomerate owner LVMH.

With news of the deal just surfacing today, according to reports, Abloh has retained a 40% stake in his company while the fashion behemoth has picked up the remaining 60% with plans to grow, develop and expand the business. As well as maturing the mainline Off-White label, the duo is also reportedly looking at ways to venture into new territory outside the realm of fashion.

Thoughts? Stay tuned for more…