By  on September 26, 2013

PARIS — LVMH Moët Hennessy Louis Vuitton has netted London fashion star J.W. Anderson, taking a significant minority stake in his fledgling business and tapping the designer to assume the creative helm of Loewe.

WWD first reported on Sept. 11 that the French luxury giant was in discussions with Anderson, who launched his label in 2008. Financial terms were not disclosed.

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