LVMH Divests Marc Jacobs in a Major Shakeup in the Beauty Industry
In a significant business move this week, LVMH has confirmed the sale of Marc Jacobs to WHP Global. This information was reported by Global Cosmetics News in their Week 20 industry review covering May 12-17, 2026.
This sale signals a noteworthy shift in the luxury beauty and fashion landscape, with LVMH refining its brand portfolio. This development is part of a wider M&A activity in the luxury and beauty sectors. Reports have also surfaced that Armani is contemplating selling a 15% stake, with potential buyers including L’Oréal, LVMH, and EssilorLuxottica.
In other news, Estée Lauder has agreed to a $210 million settlement in relation to China’s grey-market sales. In a separate incident, Harper Beckham encountered a U.S. trademark hurdle for a proposed beauty brand launch.
Industry Expansion and Growth
L’Oréal has announced plans to expand its operations in Saudi Arabia, including a new office in Jeddah and workforce growth strategies. Concurrently, Natura is broadening its omnichannel approach with a launch on Mercado Libre Mexico.
China’s cosmetics trade continues to grow impressively, exceeding RMB 170 billion as the market continues to accelerate. In a nod to the industry’s increasing emphasis on environmental responsibility, the Little Soap Company was awarded the prestigious 2026 King’s Award for Sustainability.
This week’s activities reflect ongoing retail expansion, portfolio restructuring, and operational transformation, along with legal developments that are shaping the global cosmetics and personal care landscape.
Source: Global Cosmetics News