By  on June 19, 2011

PARIS French contemporary brand The Kooples has sold a 20 percent stake in its capital to private equity fund LBO France for an undisclosed sum in order to fund its international development.

The transaction underscores the rapid growth in recent years of French fashion labels with an “affordable luxury” positioning such as Sandro, Maje and Zadig & Voltaire, which has made them a prime target for investors looking for high returns.

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