LVMH Invests in Gabriela Hearst’s Sustainable ‘Honest Luxury’ Brand

In a statement released this morning, Gabriela Hearst announced that the brand has received a minority investment from LVMH Luxury Ventures, an LVMH sub-group that invests in “iconic” brands. (Since its launch in 2017, the entity’s two previous investments were in French apothecary brand l’Officine Universelle Buly and the sneaker resale shop Stadium Goods, which has since been acquired by Farfetch.) Terms of the deal were not disclosed, but the size of the investment LVMH Luxury...

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