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.
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