×
69 915
Fashion Jobs
RAG & BONE
Sales Supervisor (Full - Time) - Austin
Permanent · Austin
SALLY BEAUTY CORPORATE
Area Manager
Permanent · San Antonio
PUMA
Junior Planner, Merchandising Operations - Retail Stores
Permanent · Somerville
JOCKEY
Associate Global Supply Chain Planner - Apparel Industry
Permanent · Kenosha
CENTRIC BRANDS
fp&a Manager - Operations Finance
Permanent · New York
ASCENA
Regional Project Manager, Field - Ann Taylor/Loft
Permanent · New York
ASCENA
District Manager, Lane Bryant - Pacific Northwest
Permanent · Longview
ASCENA
Part Time Keyholder. New Store Opening Tanger Outlet Washington PA
Permanent · Monroeville
OLD NAVY
Assistant General Manager - Southwest Plaza
Permanent · Springfield
OLD NAVY
Assistant General Manager, Merchandising - Waterside m/p
Permanent · Chesterfield Township
OLD NAVY
Asset Protection Service Representative - Mktplace @ el Paseo
Permanent · Fresno
OLD NAVY
Assistant General Manager - Bradford Plaza
Permanent · Stillwater
MACY'S
Compliance Analyst
Permanent · Johns Creek
MACY'S
Multi-Store Detective, Mall in Columbia - Full Time
Permanent · Columbia
MACY'S
Senior, Payment Card Industry Compliance
Permanent · Johns Creek
GAP
General Manager - Bayshore
Permanent · Glendale
NORDSTROM
Training Area Manager Warehouse (D-Shift Saturday-Monday 6pm to 6am) - East Coast Fulfillment Center - Elizabethtown, PA
Permanent · Elizabethtown
SALLY BEAUTY CORPORATE
Warehouse Supervisor - 2nd Shift
Permanent · Columbus
PUMA
Planner, Merchandising - Retail Ecommerce
Permanent · Somerville
JCPENNEY
Business Support Specialist - Digital And Transformation Teams
Permanent · Plano
TAPESTRY
sr. Manager, Retail Digital Marketing Planning & Performance
Permanent · New York
TAPESTRY
sr. Manager, Merchandising Outlet Men's Bags
Permanent · New York
By
Reuters
Published
Feb 21, 2013
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

LVMH buys minority stake in designer Maxime Simoens

By
Reuters
Published
Feb 21, 2013

PARIS - LVMH, the world's biggest luxury group, unveiled its first acquisition in fashion in four years on Thursday when it took a minority stake in young French fashion brand Maxime Simoens for an undisclosed sum. As part of the deal, Sidney Toledano, chief executive of LVMH's biggest fashion brand Christian Dior, will coach the 28-year-old designer and his staff of ten.The LVMH group, which owns Louis Vuitton, Celine, Fendi and Kenzo, said in an emailed statement it wished to "accompany the development of this young talented French designer." The deal comes after LVMH rival PPR announced last month it was acquiring control of British brand Christopher Kane to reinforce its stable of fashion brands which include Stella McCartney and Alexander McQueen.

LVMH had not made any acquisition in the fashion industry since 2009 when it took a 49-percent stake in Edun, the Africa-centred brand founded by Ali Hewson and U2 singer Bono.

The Simoens deal provides further evidence of a pick-up in consolidation in the luxury fashion sector driven by expectations of growth in Asia and North America and solid demand from travellers in Europe.

Maxime Simoens, known for his modern and graphic style, created his own brand in 2009 after working for a number of designers including Elie Saab, Jean-Paul Gaultier, Christian Dior and Balenciaga.

"This partnership endorsement will allow the house to develop my creative vision internationally. It's like a new kick off!," Simoens said in a statement.

The French designer, who graduated from the Chambre Syndicale de la Couture Parisienne, started taking part in the Paris calendar of couture shows in Jan. 2011.

The brand has been sold in some 20 multi-brand stores around the world, including Montaigne Market and Maria Luisa in Paris.

Maxime Simoens will unveil his first ready-to-wear collection on March 3 together with his first bag and shoes collection. (Reporting by Astrid Wendlandt; Editing by Mark Potter)



Astrid Wendlandt and Pascale Denis

© Thomson Reuters 2022 All rights reserved.