By  on September 20, 2010

PARIS — French contemporary brands Sandro, Maje and Claudie Pierlot are growing their thriving family.

Groupe SMCP, which controls the three brands, has agreed to sell a 51 percent stake to L Capital, the private equity arm of LVMH Moët Hennessy Louis Vuitton, the luxury group headed by Bernard Arnault, and Florac, an investment fund owned by the Louis-Dreyfus family, the three parties said Monday.

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus