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Hella Stella

For more than three decades, Stella McCartney has made good on her head start—proving herself as a designer and brand visionary, and walking the walk on animal rights and environmental principles. But her split from LVMH, like her 2018 split with Kering, will force her to prove it all over again.

Stella McCartney
McCartney’s journey from nepo wunderkind designer to twentysomething maison creative to entrepreneur to veteran of the duopoly is indicative of larger industry trends. Photo: Dave Benett/Getty Images for Stella McCartney
Lauren Sherman
February 3, 2025

Last week, during LVMH’s Q4 earnings call, Bernard Arnault referred to laid-off employees as being “promoted outward, so to speak,” which may go down as the funniest, most brutal, downright Mr. Burnsian example of corporate spin ever spun. Arnault was referring to store-level layoffs at Tiffany’s historic Fifth Avenue flagship, but he might as well have been talking about Stella McCartney, with whom he recently cut ties.