LVMH has severed its last employer-employee ties with John Galliano, and fired him from the brand that bears his name, a source confirmed today. Of course, Mr Galliano still owns shares in his eponymous company (LVMH just has a majority), so they’ll have to maybe sort of work together, unless they sell it, a natural next step, and pass the tarnished-name-problem onto someone else. Not that the LVMH folks are talking.
Officially, there is “No release, comment or anything on the record” (this from a spokesperson). Read more