ONE FOR EACH x OTHER: Mode et Finance, a French venture capital firm managed by CDC Entreprises, has taken a minority stake in Each x Other, the Paris-based collective that describes itself as a “collaborative art and fashion brand.”
Christophe Bosc has been named president of the company, launched in 2012 by Ilan Delouis and Jenny Mannerheim, a gallerist and former art director of magazines including Numéro, Vogue Hommes International and Beaux Arts.
Bosc, who cofounded Faith Connexion with Delouis, was previously general manager of the French division of Valentino.
“Each x Other is a creative brand, based on an original and promising concept, which is very commercially successful worldwide,” said Isabelle Ginestet-Naudin, deputy managing director at CDC Entreprises, a future entity of Bpifrance, the new state-owned investment bank.
“Bpifrance, through Mode et Finance, is joining forces with its managers to accompany them and help them to structure the development of the brand and allow them to build a solid team,” Ginestet-Naudin added.
Mode et Finance specializes in long-term investments in small and medium-size companies in the fashion and luxury sectors that are profitable, generate revenues of at least 500,000 euros ($650,000 at current exchange), and show strong potential for international growth.
Brands that have benefited from the company’s financial investment in the past include Ami, Nicolas Andreas Taralis, Bouchra Jarrar, Maison Martin Margiela, A.F. Vandevorst, Anne Valérie Hash and Polux.
Each x Other is carried by more than 100 retailers, including Barneys New York, Le Bon Marché and Colette in Paris, and Web site Net-a-porter.
@chanel and @pharrell dropped what’s being dubbed as the world’s most exclusive sneakers yesterday. The Adidas Originals NMD Hu, which Williams designed in collaboration with Chanel and @adidasoriginals, has a waiting list of over 120K people who pre-registered online at chanelatcolette.fr –– and only 500 pairs are on sale. The singer predicted the resale value of the shoes could reach $40K. Read the full interview on WWD.com. Link in bio. #wwdfashion (📷: Dominique Maître)
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“It’s life, I’m going to face it,” @mingxi11 sighed. “I fell, but you know, I think the most important thing is that I get back up. I had the love, the help from my sister — the girl next to me Gizele [Oliveira] — she’s so nice. When I went backstage everybody was trying to comfort me like ‘Oh Ming, it’s OK.’ I’m really, really touched. I think it’s them who gave me the courage to go back on stage for the finale,” Xi told WWD of her fall at the @victoriassecret fashion show. (📷: David Fisher) #wwdfashion #vsfashionshow #victoriassecret
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