Thierry Gillier acquires Lucien Pellat-Finet
Lucien Pellat-Finet is off the hook. The Parisian luxury cashmere label, known for its high quality and provocative style, has been acquired by Zadig & Voltaire founder Thierry Gillier. Having suspended its payments, the company operating the label, Rivoli Création, had been placed in receivership on 3 October 2018. The amount of the transaction was not disclosed.
Gillier acquired the Parisian fashion house via its holding company. The label’s eponymous designer will remain as a member of the board, Gillier said in a press relase.
“Thanks to this acquisition, I am happy to be able to continue the adventure with this iconic label, with the involvement of Lucien,” Gillier said.
Pellat-Finet commented: “I am pleased that the label that I created 25 years ago is entering into a new phase driven by Thierry Gillier, and that I am able to participate in the writing of this new chapter.”
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