Stella McCartney parts ways with LVMH after buying back fashion brand stake

Fashion designer Stella McCartney has reacquired the 49% stake in her eponymous brand from luxury conglomerate LVMH, a share it held for five years.

Despite this, McCartney will maintain her role as global ambassador on sustainability, advising LVMH CEO Bernard Arnault and his executive team, as reported by City AM.

"This new chapter for Stella McCartney reflects her desire to write a new page in her story independently, after working closely with the group to strengthen the fundamentals and governance of her h