L Capital news and archive

LVMH joins forces with Cattenon and launches L Cattenon, a consumer-focused equity firm

LVMH has joined forces with investment firm Groupe Arnault - the family holding company of Bernard Arnault - and consumer-focused private equity firm Catterton to create L Catterton, a consumer-focused private equity firm. L Catterton will couple Catterton's buyout expertise with LVMH's global presence to invest in brands and companies with...

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Business

El Ganso sells stake to L Capital

Acturus Capital, holding company of El Ganso, has sold a 49 percent stake in the Spanish fashion retailer to the LVMH-backed investment fund L Capital, to help strengthen its international expansion. The undisclosed investment will allow the Spanish fashion label to “invigorate” the brand and drive growth in international markets, a statement...

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Business

The investment vehicle of LVMH, interested in El Ganso

Luxury giant LVMH has shown interest in acquiring a minority stake in the Spanish fashion brand El Ganso, through its investment fund L Capital. According to sources close to the company surveyed by Bloomberg, L Capital would be in talks to invest in El Ganso, willing to buy a minority stake. El Ganso captures the attention of L Capital, the...

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Business

L Capital Asia ups its stake in Dondup to 91 percent

L Capital Asia, the investment vehicle of French luxury goods group LVMH, has bought a 51 percent stake in Dondup, taking its stake in the Italian retailer to a control 91 percent. Massimo Berloni, CEO of Arcadia s.r.l. and owner of the Dondup brand, has announced the transfer of a 51 percent stake to L Capital Asia, the private equity fund...

Fashion

Fast Retailing joins L Capital in race to buy Cath Kidston

The owner of fashion brand Uniqlo is said to have joined LVMH's investment vehicle, L Capital, in a 250 million pounds bid-race to acquire a control stake in Cath Kidston. Fast Retailing's bid will reportedly fetch 250 million pounds for a 65 percent stake of the British apparel and fabrics retailer's equity. US private equity firm TA...

Design

L Capital to purchase a 30 percent share in Giuseppe Zanotti Design

L Capital, a private equity fund sponsored by the LVMH group, may be close to purchasing a 30 percent share of Vicini, parent company of Giuseppe Zanotti Design. According to Italian newspaper Moda24, if an agreement is reached L Capital will invest in expanding the distribution network of the company. Vicini currently runs over a hundred...

Fashion

LVMH buys 40 percent of Australian 2XU for 75 million

L Capital has gone on shopping yet again. LVMH’s investment vehicle has sealed the acquisition of a 40 percent stake in Australian sports fashion brand 2XU at 75 million Australian dollars. LVMH’s top executive for the Asian market has valued the brand in circa 200 million Australian dollars. 2XU and Lazard Private Equity’s choice of L Capital...

Design

L Capital in talks to enter Bimba & Lola

The investment vehicle of the luxury group LVMH might be interested in entering in the capital of Spanish clothing and accessories firm Bimba & Lola. The Galician company fashion and accessories is seeking funding for its ambitious international expansion and L Capital is emerging as a strong candidate for a possible capital increase. After...

Fashion

L Capital to sell Groupe SMCP for 600 million

After having the industry talking for weeks about a potential sale, L Capital, the investment vehicle of LVMH, has put up for sale Groupe SMCP, which owns Sandro, Maje and Claudie Pierlot. LVMH invested in the group three years ago and now has hired Rothschild and JP Morgan to sell a string of its fastest-growing fashion brands for about 600...

Fashion

LVMH closes its third investment fund with EUR400million

L Capital Management, the investment vehicle of luxury giant LVMH Group, has recently announced the final closing of L Capital 3 FCPR with total commitments of EUR400 million, surpassing its initial target of 350 million of euros. The Fund will acquire majority or minority equity interests, either alone or jointly with select co-investors, in...

Fashion

LVMH buys 10% of Ochirly for USD200 million

L Capital, investment vehicle of LVMH, has acquired a 10% stake of the Chinese fashion brand Ochirly, part of Trendy Group. The deal is worth USD200 million and is the first allowing the French luxury giant to set foot at mainland China. The ´South China Morning Post´ reported that L Capital Asia paid USD200 million for the stake in Ochirly, a...