LVMH’s luxury fund has taken a minority stake in the Norwegian luggage brand Db Bags, originally named Dochebags. It is LVMH’s luxury fund’s second investment …
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Invests
Rianta Capital Invests In Biotech Beauty Brand
Reome, a UK-based biotechnical skincare label founded in 2023, announced Monday that it raised over £1.1 million ($1.4 million) in an initial fundraising round led …
Exclusive: L Catterton Invests in British Fragrance Brand Vyrao
Niche perfume maker Vyrao is readying for its next stage of growth. Today, it announced a significant minority investment from L Catterton, the LVMH-backed private …
Advent International Invests in Skala Cosméticos
On Tuesday, private equity company Advent International announced its strategic investment in Skala Cosméticos, a mass-market, vegan hair care line founded in Brazil in 1986. …
Famille C Participations Invests €130 Million in Luxury Hotelier
Famille C Participations, the investment company owned by the Courtin family, announced on Tuesday that it has made a €130 million ($141 million) investment to …
Moncler CEO Ruffini Will Hold 16% of Shares After Rivetti Family Invests Directly
Monclerâs chief executive and main shareholder will be left with roughly 16 percent of the luxury group once the Rivetti family exits the holding company …
Harry Styles Invests in S.S. Daley
Harry Styles has taken a minority stake in emerging British label S.S. Daley, the brand said in a statement after designer Steven Stokey-Daley’s show at …
Unilever Ventures Invests $2.5 Million in Indian Personal Care Line
Wishcare, an India-based haircare and skincare brand has raised 20 Rs crore (about $2.5 million) from Unilever Ventures in its first funding round. The three …
Qatar Investment Authority Invests $1 Billion in India’s Reliance Retail Ventures
Qatar’s sovereign wealth fund invested 82.78 billion rupees ($1 billion) into India’s biggest brick-and-mortar retailer as Asia’s richest man Mukesh Ambani looks to rapidly expand …
Tapestry Invests in Alternative Leather Company Gen Phoenix
Reusable leather-maker Gen Phoenix, formerly known as Eleather, has raised $18 million in a funding round that counts Coach-owner Tapestry and boot brand Dr. Martens …
Tattarang Invests in Australian Luxury Brand Camilla
The capital injection reported to be worth about AU$40 million (US$28.4 million) marks the resort-wear brand’s first external investment since its launch in 2004 by …
EBay Invests in Luxury Resale Platform Cudoni
The UK-based luxury resale company announced the £7.5 million ($9 million) raise Monday. EBay’s venture arm participated in the funding round, while Cudoni also raised …
L’Oréal Invests in Metaverse Start-Up
In its first venture-capital investment in the metaverse or web3 worlds, the beauty giant is backing a company that lets brands build their own virtual …
Snap Invests in Gen Z Resale Platform
Could resale be recession-proof? Investors including Snapchat-owner Snap Inc., software company Homebrew, as well as venture firms Floodgate and Banana Capital, seem to think so. …
Authentic Brands Group Settles Lawsuit Against Bolt and Invests in the Fintech Platform
The licensing company has settled and agreed to dismiss its case against Bolt, its e-commerce checkout service provider, the companies announced July 6. As part …
LVMH Invests in Lab-Grown Diamond Start-Up Lusix
LVMH Luxury Ventures, the French luxury conglomerate’s private equity arm, has acquired a stake in Israeli lab-grown diamond start-up Lusix alongside other investors in a …
L Catterton Invests in India’s Sugar Cosmetics
The private equity firm backed by LVMH and Group Arnault led the $50 million funding round and was joined by the cosmetics company’s existing investors …
Chanel Heir Invests in Luxury Skiwear Brand Fusalp
David Wertheimer will acquire a minority stake in the high-end performance label through his two private equity vehicles Mirabaud Patrimoine Vivant and Mirabaud Private Equity, …
L Catterton Invests in Another Hair Extensions Brand
Following the private equity giant’s investment in professional hair extensions and beauty product company Beauty Industry Group (BIG) last year, it acquired Bellami Hair, a …
Leonardo DiCaprio Invests in Startup That Is Growing Leather From Cells
Actor Leonardo DiCaprio just invested in a startup that aims to take cows out of leather production. Milpitas, CA-based biotechnology startup VitroLabs Inc. announced that …