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LVMH eyes JW Anderson

LVMH, the French luxury goods group behind brands including Bulgari, Louis Vuitton and Celine, is rumoured to be eyeing London designer JW Anderson.

The luxury giant has held talks with J.W Anderson about investing in the business, according to WWD.

Jonathan William Anderson launched his label in 2008 and his presence on the fashion scene was elevated in November last year after Donatella Versace enlisted him to do a capsule collection for Versace’s diffusion line Versus. Additionally, for autumn 12 the designer teamed up with Topshop for a collaboration featuring clothing, footwear and even stationary.

LVMH has been on the acquisition trail over the last couple of years.

In July LVMH purchased a controlling stake of luxury Italian men’s and womenswear brand Loro Piana in a deal worth €2bn (£1.72bn) and throughout the last couple of years has upped its shares to 22.3% in luxury label Hermes.

Emerging young designers have been high on the radar for luxury groups. Kering bought a share in French designer Joseph Altuzarra last week after acquiring a majority in British label Christopher Kane in January.

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