An employee displays handbags in the Marc Jacobs section in the Central Universal Department Store (TsUM) in Kiev, Ukraine May 17, 2017. Picture taken May 17, 2017. REUTERS/Valentyn Ogirenko Purchase Licensing Rights, opens new tabSummaryCompaniesLVMH held talks with Authentic Brands, WHP Global to sell Marc Jacobs - sourcesFrench luxury goods group recently offloaded some of its brandsWSJ said deal for Marc Jacobs could be worth around $1 billionCo in July reported mixed bag results with 'glimmers of hope'July 25 (Reuters) - French luxury goods group LVMH (LVMH.PA), opens new tab is in discussions with multiple buyers to offload its fashion label Marc Jacobs, people familiar with the matter told Reuters on Friday.The Bernard Arnault-led company has been holding talks with potential buyers including Reebok-owner Authentic Brands Group (AUTH.N), opens new tab and WHP Global, the sources said, who asked not to be named because the discussions are confidential.The Reuters Daily Briefing newsletter provides all the news you need to start your day. Sign up here.Authentic Brands declined to comment on the matter while WHP did not immediately respond.Brookstone's owner Bluestar Alliance is also a suitor for Marc Jacobs, which could be worth around $1 billion, according to the Wall Street Journal, which earlier reported the news.LVMH, Marc Jacobs and Bluestar Alliance did not immediately respond to requests for comments on the WSJ report.In 2024, Bloomberg reported that LVMH was exploring strategic options for the label with advisers after receiving interest from potential buyers, though the company denied the claim at the time.Founded in 1984 by American designer Marc Jacobs, the luxury fashion brand is renowned for its eclectic, bold designs that blend high fashion with street style. In 1997, LVMH tapped Jacobs to lead the Louis Vuitton brand and acquired a stake in the designer's eponymous label.The Journal said that a deal could be finalized soon, provided talks do not