The private equity arm of the largest luxury conglomerate merges with Catterton. Rather than compete, LVMH luxury giant, buyout firm Catterton and Groupe Arnault, the family holding company of Bernard Arnault, announced a partnership for investments. The new partnership will combine Catterton’s existing North American and Latin American private equity operations with LVMH and Groupe … Read more
L Capital, the private equity arm of LVMH has bought the 8 percent stake held by Wolfensohn Capital Partners in unlisted Indian ethnic wear chain Fabindia, two sources with direct knowledge of the matter said to reuters. Fabindia is India‘s largest private platform for products that are made from traditional techniques, skills and hand-based processes. … Read more
LVMH has acquired a 10 per cent stake in China fashion maker Ochirly French luxury giant LVMH has acquired through private equity arm L Capital, a 10 percent stake in mainland fashion maker Ochirly. The deal is worth US$200 million. Ochirly, established in late 1990s, currently operates about 200 retail outlets across the mainland and … Read more