LVMH Takes Minority Position In Stella McCartney | Makes Stella Sustainability Adviser To Arnault

Stella McCartney at her fall 2019 women’s show in Paris.CreditStephane Mahe/Reuters

Stella McCartney is making front page news with the announcement that the designer, who abandoned her relationship with Kerring in 2018, has now joined forces with LVMH Moët Hennessy Louis Vuitton, the world’s largest luxury group.

McCartney will remain in her role as her brand’s creative director and also as majority stockholder in the Stella McCartney business. Her additional responsibilities include becoming a special adviser to Bernard Arnault, LVMH’s chairman, and also to the LVMH board, on the topic of sustainability.

The fashion industry has an enormously negative and earth-harming footprint on the environment, and no one in fashion world is better prepared to fill this role of LVMH adviser on sustainability than Stella McCartney.

The addition of Stella McCartney’s voice and brand to the LVMH creative and leadership stable underscores the company’s commitment to gender equity. Since 2017, LVMH has named Maria Grazia Chiuri to head Dior and Claire Waight Keller to lead Givenchy. Arnaut has taken a minority position in the also sustainability-focused Gabriela Hearst, while creating a blockbuster disruption of the entire luxury industry with the creation of a new fashion house Fenty, created with Rihanna.

In talking about her new partnership, Stella McCartney said that since ending her partnership with LVMH rival Kerring, she had been pursued by many potential partners and investors wanting to help expand her business.

In the end, McCartney made a seemingly wise decision, one that gives her an opportunity to have heavy influence on issues that matter to her a great deal, while tapping into funding and a professional contacts base that will give her enormous flexibility. The importance of Stella’s access to Arnault and the LVMH board of directors can’t be understated.

“The chance to realize and accelerate the full potential of the brand alongside Mr. Arnault and as part of the LVMH family, while still holding the majority ownership in the business, was an opportunity that hugely excited me,” she said.

Celebrating Two New Malawi-Born Daughters, Madonna Releases 'Her-Story' A 12-Minute Film For International Women's Day

Madonna Says 'Dress Up! Speak Up!' In Luigi & Iango Images For Harper's Bazaar Germany April 2017 (Fashion & Style Editorial)

It's almost 26 years since Madonna released 'Truth or Dare', the pop icon & feminist celebrated International Women's Day with the release of a 12-minute short film 'Her-Story', dedicated "to all women that fight for freedom".

Directed by Luigi & Iango, who lensed her Harper's Bazaar Germany April editorial above, 'Her-Story' opens with audio lifted from Madonna's January 21 Women's March address. “To accept this new age of tyranny where not just women are in danger, but all marginalized people,” Madonna says. “Where being uniquely different might truly be considered a crime. The revolution starts here.”

Short clips of Madonna’s 2012 single “Girl Gone Wild” also play throughout 'Her-Story', which ends as two figures carry a banner reading “We should all be feminists” down a dark alleyway. Madonna’s handwriting ends the film, scrawling the famous Hillary Clinton quote “women’s rights are human rights” in white text.

“Every Woman Has A Story! Don’t be Afraid to Use your Voice! To Help others! celebrate Women around the World!” Madonna wrote on Instagram, where she shared several of 'Her-Story‘s' individual segments. 

A Rockin' New Mom Of Twin Daughters

Madonna kept a low profile during her January 2017 trip to Malawi, where she aggressively put down rumors that she was adopting more children. Indeed, she was in the country to adopt 4-year-old twin girls.

Their mother died of complications in birth, delivering the twins in a Caesarean section.  As is so common in Africa, the father -- who attended the Jan. 25 court hearing attended by Madonna -- had five other children from his first marriage. After remarrying, he said he simply cannot provide for his dependents. 

Judge Fiona Mwale, said she didn't challenge Madonna, 58, on Malawi's residency requirements for adoption, saying the country's Supreme Court of Appeal had addressed the issue in the pop star's previous adoption of two other Malawi children. 

"In determining her motives, I questioned the petitioner at length about the impact of her decision which could be construed as robbing Malawi of its most precious resource, its children," the judge wrote.

Madonna said her daughters will keep their birth names of Esther and Stella to preserve their identity as Malawians, and a Malawian nanny will travel with the children to the United States to ease their transition, according to the ruling. Her son David Banda and daughter Mercy James are now 11.

Mwale noted that the pop star has raised $7.5 million for her latest project in Malawi, the construction of a pediatric surgery ward at Queen Elizabeth Central Hospital in Blantyre. The ward is scheduled to open early next year, writes Billboard.

Meet Esther and Stella, Madonna's twin daughters, age 4, from Malawi.