LVMH Has Become a New Investor for Phoebe Philo. More Details Will Be Revealed in 2022
Phoebe Philo has decided to come back to fashion with LVMH Moët Hennessy Louis Vuitton as a new investor. The famous British designer shared that she will create clothes and accessories of exceptional quality and design. More details about the new brand will be announced in January 2022.
One of the most respected and successful designers, Philo, has recently experienced an impressive brand update during her 10 years at Celine. Since leaving Fashion House at the end of 2017, the designer has kept a low profile.
Minority stakes are usually not the norm for the French luxury giant, as well as to support a new brand. Although it is not the first time for LVMH. Its main goal is to develop and improve traditional brands like Louis Vuitton and Fendi and bring them to life with the help of fashion designers, famous ambassadors, and various events for the brands’ clients.