Name a significant recent acquisition by LVMH in 2021.

LVMH's acquisition of a minority stake in Off-White in 2021 is significant because it reflects the luxury conglomerate's strategy of investing in contemporary and streetwear brands that resonate with younger consumers. Off-White, founded by designer Virgil Abloh, embodies a unique blend of high fashion and urban style, making it a strategic fit for LVMH. This acquisition not only enables LVMH to tap into the growing demand for streetwear but also enhances its portfolio by aligning with the evolving trends in the fashion industry, where collaborations and influencer-driven brands are gaining prominence. By securing a stake in Off-White, LVMH positions itself to leverage the brand's cultural relevance and appeal to a new generation of luxury consumers.