
Investment fund L Catterton, notably a shareholder in Ba&sh and Ganni, has acquired a stake in the French down jacket label founded by the Gourdikian family in 2010.
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Investment fund L Catterton, notably a shareholder in Ba&sh and Ganni, has acquired a stake in the French down jacket label founded by the Gourdikian family in 2010.
Marcella Wartenbergh is to become the new chief executive of Pepe Jeans Group, taking over from group founder and shareholder Carlos Ortega. She joins from PVH Corp, which owns Tommy Hilfiger and Calvin Klein.
Asians catching up on the West’s obsession with health and wellness is a trend that has created attractive investment opportunities, Ravi Thakran, a regional LVMH boss, told a luxury conference on Tuesday.
L Catterton Asia, the Singapore-based private equity fund by LVMH Moët Hennessy Louis Vuitton, has invested $25 million into India's Future Lifestyle Fashion Limited (FLFL) to acquire a 10% stake.
To bolster its expansion, the accessible luxury label seeks the backing of an investment fund, and is considering selling a majority stake. Morgan Stanley has approached potential investors.
On Friday 20th October, French fashion group Sandro, Maje, Claudie Pierlot (SMCP) was listed on the Euronext stock exchange, at a share price of €22 and a valuation of €2.01 billion.
Reliance Brands, owned by Reliance Industries Limited, has bought out L Catterton Asia’s 40% stake in Genesis Luxury, according to reports.
The Financial Times Luxury Summit is scheduled from 14th to 16th May in Lisbon. It is a prime networking event, attended by senior executives from LVMH, Kering and Hermès among others.
Majority-held by L Catteron, the designer has left the Italian label she founded 18 years ago with husband Massimo Berlonia to focus on "personal projects."
Battling surf group Billabong has reportedly sold its high-end bikini brand Tigerlily for AU$60 million (US$46.15 million), some $40 million less than previous valuations given by experts.