LVMH Takes Minority Stake in Gabriela Hearst
Barack Ferrazzano represented LVMH Luxury Ventures, an investment arm of LVMH Moët Hennessy Louis Vuitton SE, aimed at taking minority stakes in emerging, iconic brands, in its equity investment in Gabriela Hearst LLC. Launched by its founder and namesake, Gabriela Hearst, the company is a New-York based luxury ready-to-wear, leather goods and lifestyle company. Gabriela Hearst will continue in her role as the company’s Executive Creative Director following LVMH's investment.
Barack Ferrazzano, led by Fashion, Luxury and Retail Chair, Dan Dominguez, along with Kait Kelly, advised LVMH Luxury Ventures in this matter. Mike Towne and Megan Toal provided tax counsel and Wendi Sloane and Scott Slavick advised on the intellectual property issues in the transaction.
To read more about this transaction, visit: https://www.businessoffashion.com/articles/news-analysis/lvmh-takes-minority-stake-in-gabriela-hearst