L Capital
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Chanel and Gucci Hike Prices as South Korea and China End Dispute
The countries have agreed to restore ties after a year-long dispute over the deployment of a US anti-missile system, which has been devastating to some Korean businesses that rely on Chinese consumers.
LVMH to Combine Private Equity Unit L Capital With Catterton
LVMH Moet Hennessy Louis Vuitton SE is combining its private equity and real estate investment units with consumer-focused private equity firm Catterton.
Market Pulse | Cashing In
Uncertain expectations over Christmas trading amidst mixed retail signals led many institutional investors to take their profit before closing their books at year-end. Meanwhile, the travel retail channel continues to surge and M&A activity remains buoyant, reports Pierre Mallevays of Savigny Partners.
The China Edit | Angelica Cheung, Shanghai Tang, L Capital Targets Middle Class Consumption, Luxury Tax
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
KKR Acquires Majority Stake in SMCP
PARIS, France — After weeks of exclusive talks, American private equity firm Kohlberg Kravis Roberts & Co. ("KKR") has formally acquired a 65 percent
L Capital Reportedly in Talks to Take Stake in Bimba & Lola
L Capital, a private equity fund sponsored by LVMH, is reportedly in talks to invest in Spanish contemporary brand Bimba & Lola, according to Modaes.es, a Spanish fashion trade website.