By Bloomberg Published May 4, 2024 Banks including Barclays Plc and UniCredit SpA are lining up €500 million ($538 million) in debt financing to back L Catterton’s purchase of a majority stake in Italian beauty brand Kiko, according to people familiar with the matter. kikocosmetics.com/ru-ru/ Private equity fund L Catterton is backed by luxury giant … Read more
By Reuters API Published May 4, 2024 L Catterton, a private equity firm backed by French luxury group LVMH, said on Friday it succeeded in securing enough shares in luxury shoe maker Tod’s to take it private in agreement with the Italian group’s main shareholder, the Della Valle family. Reuters L Catterton said it had … Read more
By Reuters Translated by Cassidy STEPHENS Published Apr 26, 2024 Private equity firm L Catterton has announced that it is acquiring a majority stake in family-owned Kiko Milano, in a deal that, according to a source close to the matter, values the accessible Italian make-up manufacturer at around €1.4 billion ($1.5 billion) including debt. Kiko … Read more
Few brands are as attached to the concept of craft as Tod’s whose creative collaboration, The Art of Craftmanship – A Project by Venetian Masters, opened with panache on Friday night. The presentation on Friday evening Scores of luxury labels descended on Venice this week, as the Biennale opened in the lagoon city, but none … Read more
By Reuters API Published Mar 26, 2024 Tod investor Tabor Asset Management has published an open letter calling for an increase in the price offered by L Catterton to buy 36% of the Italian luxury shoemaker, saying the price of 43 euros per share is unfair. See catwalkTod’s – Fall-Winter2023 – Womenswear – Milan The … Read more
By Reuters Published Mar 28, 2024 U.S. private equity firm L Catterton said on Thursday it will form a joint venture in India with former Hindustan Unilever (HUL) CEO Sanjiv Mehta to develop a new investment vehicle targeting the country’s consumer market. LVMH-backed L Catterton to form consumer-focused JV in India with former HUL CEO … Read more
By AFP Published Mar 29, 2024 Italian influencer Chiara Ferragni, caught up in a probe over alleged fraud in endorsement deals, will not return to the board of luxury shoemaker Tod’s, company documents revealed Thursday. See catwalkTod’s – Fall-Winter2023 – Womenswear – Milan Di.Vi. Finanziaria, the majority owner of Tod’s, published a list of nine … Read more
By Reuters API Published Mar 13, 2024 Italian luxury group Tod’s said on Tuesday its operating profit rose to 94.7 million euros ($103.3 million) last year from 58.2 a year earlier, ahead of L Catterton’s offer aimed at delisting the company. See catwalkTod’s – Fall-Winter2023 – Womenswear – Milan The shoemaker’s earnings before interest and … Read more
U.S. firm Silas Capital, which invests in next-generation consumer brands, announced on Tuesday the close of its newest consumer growth fund, Silas Capital Partners II, reaching its hard cap of $150 million. Courtesy The oversubscribed fund received strong support from prominent institutional investors including endowments, fund-of-funds, insurance companies, global asset managers, family offices and multi-national CPG … Read more
By Bloomberg Published Mar 4, 2024 Berlin-based Razor Group is buying Boston-based Perch in an all-stock deal, accelerating the consolidation of “aggregators” that snapped up popular online brands only to watch a pandemic-fueled sales boom evaporate. Razor is backed by L Catterton, the private equity arm of Bernard Arnault The transaction values the combined company … Read more
