LVMH Divests Stella McCartney Stake Back to Founder Amid Market Challenges

In a significant corporate maneuver, luxury goods conglomerate LVMH Moët Hennessy Louis Vuitton has decided to sell its stake in the fashion label Stella McCartney back to the brand's founder. This decision comes on the heels of a downturn in the luxury fashion market, prompting strategic reassessments within the industry’s major players.

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