-
CultureLVMH's CHAMP Fund Takes Minority Stake in Athlete Apparel Brand Rhoback
CHAMP, a $500 million fund backed by LVMH's L Catterton and more than 250 athletes, invested nearly $50 million in activewear brand Rhoback — the profitable, $150 million brand's first outside capital ever.
-
LVMHPietro Beccari appointed LVMH Fashion CEO
Pietro Beccari is taking over as LVMH Fashion Group CEO, consolidating leadership of the luxury giant's fashion empire as Sidney Toledano steps down after three decades with Bernard Arnault.