LVMH is in need of correction, and rumors of spin-offs have been circulating since the beginning of the year. After having dumped its stake in Stella McCartney and put Marc Jacobs on the market, the French holding company is reportedly interested in a deep reorganization and the deal, according to rumors gathered by Fashion Magazine, could lead the Arnault family to split the group into three different entities to be listed separately.
After rumors of spin-offs
The second quarter 2025 figures, moreover, would explain the sense of the operation. While LVMH closed with-4%, the comparison is more significant against the -9% of the Fashion and Leather Goods division (which brings together Louis Vuitton, Loro Piana, and Dior among others) and the +2% of Wines and Champagne (which still has its own reasons for tension).
Unbundling the holding company into three (LVMH Fashion, LVMH Spirits, and LVMH Beauty) would be a way to reassure investors and to put slowing brands in the conditions to now slow the dynamics of healthy ones (right now, especially Sephora). Above all, reports Fashion Magazine, the division would result preparatory to a handover when founder, chairman and CEO Bernard Arnault, leaves the reins of the group to his sons. As mentioned, rumors of a potential restructuring process for the holding company have been circulating since the beginning of the year, according to financial news outlets(Bloomberg and Reuters editorials for reference). We shall see.
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Read also:
- LVMH -9% in Q2: leather goods struggling, Vuitton and Dior hit the brakes
- Time to divest: Marc Jacobs for sale, Kering drops Cocoon
- Delphine Arnault: “The keys to Dior go to Anderson – here’s why”
