• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

The heiress of $10 billion Perdue Farms and the $12 billion Sheraton Hotels empire wore hand-me-downs, still rides the subway, and flies economy

2

Current price of oil as of September 1, 2026

3

The Pentagon is giving 3 million military and civilian workers access to ChatGPT and Grok through a secure AI platform built for ‘warfighter needs’

1

The heiress of $10 billion Perdue Farms and the $12 billion Sheraton Hotels empire wore hand-me-downs, still rides the subway, and flies economy

2

Current price of oil as of September 1, 2026

3

The Pentagon is giving 3 million military and civilian workers access to ChatGPT and Grok through a secure AI platform built for ‘warfighter needs’
RetailFashion

LVMH Signs Stella McCartney as Sustainability Fashion Focus Surges

By
Robert Williams
Robert Williams
and
Bloomberg
Bloomberg
Down Arrow Button Icon
By
Robert Williams
Robert Williams
and
Bloomberg
Bloomberg
Down Arrow Button Icon
July 15, 2019, 3:16 PM ET
Daniele Venturelli / Contributor/Getty Images
Add Fortune on Google for similar content.

LVMH will enter a partnership to develop the Stella McCartney fashion brand as luxury companies race to show consumers and regulators their commitment to reducing their environmental impact.

McCartney, whose namesake line is known for snubbing animal products like leather, fur, and feathers, while pioneering eco-friendly designs like glue-free sneakers, will maintain majority ownership of the brand. The move follows her decision to buy back a 50% stake in her label that was owned by LVMH’s rival, Kering, last year.

“We are convinced of the great long-term potential of her house,” LVMH Chairman and CEO Bernard Arnault said in a statement, adding that McCartney’s focus on sustainability and ethical issues had been decisive. “Stella will help us further increase awareness on these important topics.”

Concerns about sustainability in apparel has shifted from fast-fashion makers like H&M and sportswear giants like Nike to the luxury industry, with its reliance on animal-based materials like leather and cashmere. Prada SpA pledged last month to transition to recycled nylon for its iconic belt bags and backpacks, while Kering chief Francois-Henri Pinault—whose company owns Gucci and Saint Laurent—is spearheading an effort to get fashion makers to commit to new sustainability targets.

Officials in the French environment ministry have said it hopes to ban the practice of destroying unsold goods, widespread among luxury goods makers that don’t want to be seen discounting their products.

An LVMH spokesman declined to say how much the company would invest in the McCartney brand as part of the deal, the details of which are set to be outlined in September.

More must-read stories from Fortune:

—How to track Amazon Prime Day deals

—The first animal-free ice cream, whipped up in a lab

—The global fashion industry designs a sustainable future

—Technology sales lead in $52.96 billion back-to-school season

—McDonald’s has a bit of Chick-fil-A envy

—Shiseido Launches Internet of Things Skincare System

—Listen to our new audio briefing, Fortune500 Daily

About the Authors
By Robert Williams
See full bioRight Arrow Button Icon
By Bloomberg
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Retail


Most Popular

Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

    Latest in Retail


    Most Popular

    © 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
    FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.