BEIJING — L Catterton Asia, the Asian unit of the largest consumer-focused private equity firm in the world, announced a purchase of a 10 percent stake in Future Lifestyle Fashions Ltd., India’s largest integrated branded fashion company.
The deal is the first the LVMH-backed fund has struck in the Indian fashion sector since 2012 — when it invested in Fabindia, a platform for products made from traditional techniques, for which it has completed an exit. In total, it has made three fashion investments in the region, the other being Genesis Luxury, the regional distributor for high-end brands such as Jimmy Choo and Burberry — although it represents L Catterton’s fifth investment into an Indian business overall.
Cosmetics entrepreneur Charlotte Tilbury came face to face with one of her inspirations when Queen Elizabeth handed her an MBE, or Member of the Most Excellent Order of the British Empire, at Buckingham Palace earlier today. #wwdbeauty
Stella McCartney has been designing wedding looks for years for customers, friends, family — and herself for years.
And now, leveraging the success of the dress she designed for the Duchess of Sussex’s wedding reception in May, McCartney is launching, Made with Love, a bridal line including eight dresses and an ivory tuxedo, reports @natalietheodosi . “I feel very protective over the bride, because I know what it was like when I got married, and for me to do my own wedding dress. There are moments that are so personal and private, so emotional and loaded with many different issues,” McCartney told WWD in an interview in June. “I think we are really blessed to have the emotional trust with a woman. She’ll come in and feel the love that we put into everything. What she chooses can be conventional or unconventional. It’s a personal experience.” #wwdnews