Etro, the luxury Italian label controlled by the L Catterton fund, has named Marco De Vincenzo as its new creative director. Starting early next month, he’ll be in charge of the women's, men's and home collections.
A new milestone for the label founded by Morgane Sézalory, in which General Atlantic owns a stake: FashionNetwork.com sources say that JP Morgan Chase & Co. has been commissioned to offer the label to potential buyers.
The Danish and LA-based brands have collaborated on a nostalgia-inspired capsule starring the iconic velour tracksuit launched in the 2000s. The 13 pieces comprising the collection will be available from March 30.
Rihanna's Savage X Fenty is considering an initial public offering and is in talks with financial advisors, sources told multiple news outlets on Friday, as the inclusive lingerie brand eyes a $3 billion valuation.
Investment company HLD said it was in talks with L Catterton - the private equity firm backed by LVMH boss and French billionaire Bernard Arnault over buying a majority stake in the fashion company Ba&sh.
According to the Wall Street Journal, the French-American investment fund co-founded by LVMH is reportedly considering an IPO that could take place this summer. L Catterton could be valued at more than $3 billion.
Nothing like a new management to liberate a venerable brand and unleash the potential of a talented designer. Which was very much the case on Sunday, when Kean Etro staged one of his snappiest collections for the house.