LVMH, a French multinational luxury goods conglomerate, invested in Stella McCartney House, a fashion brand created by English fashion designer Stella McCartney. Financial terms were not disclosed. Bernard Arnault, Chairman and CEO of LVMH, declared: “I am extremely happy with this partnership with Stella. It is the beginning of a beautiful story together, and we are convinced of the great long-term potential of her House. A decisive factor was that she was the first to put sustainability and ethical issues on the front stage, very early on, and built her House around these issues. It emphasizes LVMH Groups’ commitment to sustainability."