PARIS — Mode et Finance, a French venture capital firm managed by CDC Entreprises, has taken a minority stake in Polux, the company that owns and distributes young designer brand Lutz.
Mode et Finance, which translates in English as Fashion and Finance, specializes in investments in independent companies from the fashion and design realms showing strong potential for international growth, and that generate a minimum of 500,000 euros, or about $673,000 at current exchange rates, in revenues.
@serenawilliams, in @versace and a @bulgariofficial necklace, with @alexisohanian attending the #royalwedding at St. George’s Chapel. See all of the celebrities in attendance on WWD.com. #wwdeye #wwdfashion
The wait is over: Meghan Markle picks @givenchyofficial’s Clare Waight Keller for her wedding dress. Markle entered St. George’s Chapel in a Givenchy Haute Couture gown paired with Queen Mary’s Diamond Bandeau Tiara, loaned to her by The Queen. Read more on WWD.com - Link in bio. #wwdnews #wwdfashion #royalwedding