Donna Karan Brand Sold For $650M
PYMNTS
JULY 26, 2016
This marks the second big sale in LVMH’s nearly 30-year history, the first being the sale of Christian Lacroix in 2005. This caps of a sometimes uneasy partnership – Donna Karan has publicly complained about LVMH’s stewardship of her brand since she retired officially last year.
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