PARIS – As fashion brands struggle to find financing, the world of interiors seems to be stirring interest.
Interior design wiz Christian Liaigre said Edmond de Rothschild Capital Partners has taken a majority stake in his namesake business, founded in 1984, and named former Jean Paul Gaultier president Christophe Caillaud its managing director.
Financial terms were not disclosed.
Liaigre, who specializes in private residences, said Rothschild has plans to develop the firm’s luxury home furnishings business internationally. “There are also plans to develop our partnership with Holly Hunt in the U.S.,” he said Thursday.
Liaigre famously designed the Mercer hotel in Manhattan and the Montalembert in Paris, both striking examples of the pared-down, linear aesthetic popular among fashion folk.
He said he has an ongoing collaboration with Marc Jacobs on the furnishings of the designer’s stores and showrooms. Liaigre has also worked on the private residences of Karl Lagerfeld, Calvin Klein and Kenzo Takada.
In 2008, the company generated revenues of 30 million euros, or $44.1 million at average exchange rates.
The designer, who has an ongoing renovation project for Rupert Murdoch’s sprawling apartment on New York’s Fifth Avenue on the go, said he’s just finished work on a beach house for art dealer Larry Gagosian in St. Barts. “I’ve just handed him the keys. He’s going to see it this weekend,” he said.