
According to the Wall Street Journal, the French-American investment fund co-founded by LVMH is reportedly considering an IPO that could take place this summer. L Catterton could be valued at more than $3 billion.
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According to the Wall Street Journal, the French-American investment fund co-founded by LVMH is reportedly considering an IPO that could take place this summer. L Catterton could be valued at more than $3 billion.
The company controlled by Jaime Bergel, who owns a 70% majority stake, has launched the sale of its holding together with Arcano Partners. El Corte Inglés will be among the potential interested parties.
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.
The Spanish fashion group has signed an agreement to refinance its syndicated loan and ensure its new long-term financing plan, in a move it hopes will consolidate future growth.
The brand’s co-founder tells FashionNetwork.com about the evolution of its strategy, marked by fewer store openings, investment in digital, stock management and its new design team after returning to family ownership.
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.
The Spanish brand saw L Catterton (formerly L Capital) acquire 49% of its capital in fall 2015. Three years later, the family has repurchased a 100% of its shares.
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.