LVMH (PARIS:MC.PA +0.81%) has agreed to purchase a majority stake in Off-White LLC, the owner of Virgil Abloh‘s Off-White™ streetwear brand.

LVMH (PARIS:MC.PA +0.81%) has agreed to purchase a majority stake in Off-White LLC, the owner of Virgil Abloh‘s Off-White™ streetwear brand.