Virgil Abloh sells majority stake of off-white to LVMH, lands new role
Image source: StarrFM

Virgil Abloh sells majority stake of off-white to LVMH, lands new role


Summary short_text

The head of Louis Vuitton, fashion designer, and DJ has sold a 60% majority stake in his Off-White luxury to LVMH. This has resulted in him cementing his spot as one of the most powerful Black executives in the world.

Abloh, who currently holds a position as artistic director of Louis Vuitton men's wear, will assume a larger role in the company, working across their wine and spirits and hospitality brands.

The venture marks a new moment for LVMH, which sees its shares up 60 percent this year.


Read full article: StarrFM |
More from: StarrFM More in: Tech
More news summaries from StarrFM
Tech

John Paintsil attributes incidence of match-fixing in Ghana to financial challenges

Former Black Stars and Fulham player John Paintsil says the incidents of alleged match-fixing that rocked the Ghana Premier Leag... read summary
Tech

Sarkodie endorses Shatta Wale's new business venture "SHAXI"

Shaxi short form for Shatta Taxi, he revealed, is part of the efforts he is making to provide jobs for the youth. In another pos... read summary
Tech

Elmina fish processing plant will be fixed soon

The Minister for Fisheries and Aquaculture Mavis Hawa Koomson has assured that the Elmina Fish Processing Plant will be revamped... read summary
Tech

We're not guilty

Eight of the remaining 26 persons who have been charged in the Western Togoland Restoration Front case have pleaded not guilty t... read summary
Tech

NPP constituency officers' welfare debunk John Boadu snub reports

The Leadership of the NPP Constituency Officers' Welfare has debunked media reports that NPP General Secretary John Boadu snubbe... read summary
Tech

E/R: Okada rider murdered after being hired to 'unknown destination'

An Okada rider has allegedly been murdered at Akyem Abomosu in the Atewa West District of the Eastern Region. The deceased Adu J... read summary
Tech

Court orders Dr Dre to pay ex-wife $300k a month in divorce ruling

Hip-hop legend Dr Dre will now be required to pay close to $300,000 a month to his ex-wife Nicole Young, who filed for divorce f... read summary
Tech

COVID-19: Over GHC53m spent on returning Ghanaians from abroad

Ghana spent over 53 million cedis in evacuating some stranded Ghanaians during the peak of the Covid-19 pandemic. The minister f... read summary
Tech

Two TTU students secure court order to halt exams

The Management of Takoradi Technical University may not be able to undertake their second-semester examination following an inju... read summary
More News Summaries...
CitiNewsRoom Politics |
GhanaWeb Sports |
GhanaWeb Business |
GhanaWeb Sports |
CitiNewsRoom Politics |
CitiNewsRoom Politics |
GhCelebrities Showbiz |
Yen Showbiz |
GhCelebrities Showbiz |
GH Base Showbiz |
GH Base Showbiz |
GhCelebrities Showbiz |
Yen Showbiz |
Yen Showbiz |