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French luxury goods group LVMH is in discussions with multiple buyers to offload its fashion label Marc Jacobs, people familiar with the matter told Reuters on Friday.
The Bernard Arnault-led company has been holding talks with potential buyers including Reebok-owner Authentic Brands Group and WHP Global, the sources said, who asked not to be named because the discussions are confidential.
Authentic Brands declined to comment on the matter while WHP did not immediately respond.
Brookstone’s…
