Is LVMH buying Rodarte?

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Speculation is mounting that LVMH want to buy Rodarte. Since its launch back in 2005 Rodarte has earned itself a dedicated Fashion following. It’s one of the hottest tickets at New York Fashion Week, its clothes have been sported by everyone from Chloe Sevigny and Cate Blanchett and the design duo behind it, Laura and Kate Mulleavy, even bagged themselves a much coveted CFDA Womenswear Designer of the Year award last year. Now it seems that the label may be getting the ultimate recognition – rumours are flying that it may be bought by LVMH.

Pierre-Yves Roussel, the chief executive of the fashion arm of LVMH, is a regular on the front row at Rodarte’s shows. And, according to WWD, talks have taken place on and off since the spring between the fashion powerhouse and Rodarte – although for now it seems that they’re more off than on.

If Rodarte were to be snapped up by LVMH then they’d be in good company – its roster includes Marc Jacobs, Louis Vuitton, Fendi, Givenchy and Celine. Watch this space…

This entry was posted on Saturday, August 28th, 2010 and is filed under Celine. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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