The Italian entrepreneur has invested in Youngtimers AG, a company listed on the Swiss Bourse which fully acquired Garage Italia earlier this year.
The Italian luxury industrial pole has welcomed in its portfolio Emmegi, a Lombardy-based manufacturer focused on informal outerwear.
Sephora is looking to grab its own slice of the British beauty market as Harrods rolls out more stand-alone beauty stores and the high street giants ramp up their respective offers.
Etro said it has entered into a binding agreement to partner with L Catterton without disclosing terms of the transaction, but sources say the private equity giant is buying 60 percent of the Italian fashion group in a deal valued at 500 million euros.
WHP Global’s name is now added to a short list that includes ABG and several private equity firms.
Alsara, a private investment group based in Switzerland, has taken a majority stake in cool Khrisjoy brand, known for its Khris puffer jacket.
The buyers already own companies including Pier 1, Radio Shack and Dressbarn.
The $333 million deal is expected to close in the third quarter.
Grégory Boutté, Kering’s chief client and digital officer, said the investment in Cocoon will enable the French luxury giant “to monitor new consumption habits and digital practices.”
In what is surely a major new partnership and a sign of an increased effort to protect the country’s unique supply chain, the two companies have joined forces to acquire a majority stake in Filati Biagioli Modesto SpA.