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
Paris Fashion Week’s main action on Thursday began and ended with two historic marques, Chloé and Schiaparelli, strutting their stuff with brio, the first with a debut, the second with fresh impetus. Schiaparelli: The Spirit of Elsa is alive and well Like the oddly bombastic soundtrack, the latest Schiaparelli collection felt very much like it … Read more
Beauty behemoth Coty has announced the signing of a new agreement with luxury label Etro, “to produce and distribute its signature fragrance lines and home scent collections beyond 2040”. See catwalkEtro – Spring-Summer2024 – Womenswear – Milan – © Launchmetrics They will also “work together to explore new categories and innovations to grow the brand’s … Read more
By Bloomberg Published Feb 12, 2024 Driving-shoe maker Tod’s SpA always looked like a private company, what with the Italian Della Valle family having a majority. Now it soon might be. The founding family is teaming up with L Catterton, the private equity firm backed by LVMH, to buy out the remaining shares, valuing the company at €1.42 … Read more
By Reuters API Published Feb 12, 2024 Shares in Tod’s rose 17.4% on Monday, after private equity firm L Catterton offered to buy 36% of the luxury shoemaker and take it private, in agreement with the Della Valle founding family. Shares rose to 42.7 euros each by 0835 GMT, just below the 43 euros per … Read more
By Reuters API Published Feb 11, 2024 L Catterton, a private equity firm backed by France’s LVMH, said it will launch a tender offer to buy 36% of Italian luxury group Tod’s to take it private, in agreement with the majority shareholder Della Valle family. See catwalkTod’s – Fall-Winter2023 – Womenswear – Milan The private … Read more
