With the announcement that LVMH has officially taken a stake in the J.W. Anderson brand, one would think that the holding company seems to have a soft spot for young, immensely talented British designers. And, who could really blame them? Confirmation of the new partnership between Anderson and LVMH comes only about a week after the close of London Fashion Week and just a few days after sealing the deal with fellow Brit fashion star, Nicholas Kirkwood.
According to WWD, the financial details of the new partnership were not disclosed; however, it reports that it was a "minority stake." In addition, 29-year-old Anderson will also take over design at Loewe and, as the report claims, work on creating a "new personality" for the brand. (WWD)
Photo: Via WWD.