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LVMH Sells Patou to Previous Owner Dilesh Mehta

The deal returns Patou to Mehta’s control after a 2018 sale, with financial terms undisclosed and the brand now in a new ownership phase.

Summary by Vogue
Mehta, who had kept a minority interest in the brand, is buying it back.

Bias Distribution

  • 50% of the sources lean Left, 50% of the sources are Center
50% Center

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WWD broke the news in New York, United States on Friday, July 31, 2026.
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