LONDON — Georg Jensen has a new owner with deep pockets that’s out to turn the Danish company into one of the world’s largest luxury brands: Investcorp.
The private equity fund bought Jensen from Denmark’s Axcel Capital Partners for $140 million. Investcorp has operations in Bahrain, London and New York, and currently has $11.5 billion in assets under management and a proven track record in turning brands into major players — just ask Saks Fifth Avenue, Tiffany & Co. and Gucci. Investcorp has been off the fashion scene for some time, however, pretty much since it floated Gucci on the Amsterdam Stock Exchange in 1995. It had earlier floated Tiffany on the New York Stock Exchange in 1987.
Steve Aoki held a presentation, a runway show and outdoor concert for his men's line Dim Mak. Here's a look from his spring 2018 collection, which was titled "Paradise Found." #wwdfashion #wwdmens (📷: George Chinsee)
"It's really hard sometimes. I think I have a reputation for being really tough and aggressive and pushy but I really am a very shy person who wants to be liked, and that's the conflict constantly. There's something that takes hold - I want people to like me, I don't want to be mean - but if I see something that just cries out to be answered, I go for it," says renowned NBC News correspondent Andrea Mitchell. (📷: @axeldupeux)