L Capital Asia
L Capital hires Uday Mehra as MD
L Capital, the private equity arm of luxury goods giant LVMH, has hired Uday Mehra, a former Asia-Pacific operations executive for Tommy Hilfiger, as a managing director.
Lilliput founder says L Capital has submitted bid
Lilliput Kidswear’s founder and managing director claims to have received an offer for the struggling business from L Capital, the private equity arm of luxury goods giant LVMH. A sale would facilitate the exit of Bain Capital and TPG Capital.
L Capital to invest $150m in Raymond Apparel - report
L Capital Asia, the private equity arm of LVMH, the world's largest luxury goods group, is said to be in talks to invest INR7.5 billion ($150 million) in Indian clothes company Raymond Apparel.
Premji invests $25m in Fabindia
Premji Invest, the $1 billion private equity vehicle backed by Wipro Group chairman Azim Premji, has invested INR1-1.25 billion ($20-25 million) for a 7% stake in Indian fashion company Fabindia.
Asia’s aspirational brands: It’s how you pick ‘em
Should we be surprised that L Capital, the private equity arm of luxury goods giant LVMH, thinks its Asia operations have the capacity to handle a $1 billion fund? Given the scale of consumer sector opportunities in the region, not really. But a more...
Narula to sell Lilliput, allowing Bain and TPG to exit
Lilliput, the kidswear brand that has been embroiled in bitter fight with shareholders Bain Capital and TPG Capital, plans to sell off its brands and retail business.
L Capital buys Wolfensohn's Fabindia stake
L Capital Asia, the private equity arm of LVMH, has bought Wolfensohn Capital Partners' 8% stake in Indian fashion company Fabindia. The company, which is seeking capital to fund expansion, has been talking to potential investors for months.
L Capital invests in Chinese fashion company - updated
L Capital Asia, the private equity unit of multinational luxury giant LVMH, has invested $200 million in Trendy International Group, a Chinese casual-wear company, contrary to an earlier report in the South China Morning Post that put the price at $2...
L Capital expands China portfolio with $2b investment
L Capital Asia, the private equity unit of multinational luxury giant LVMH, has reportedly purchased a 10% stake in China fashion company Ochirly for US$2 billion. It is another indication of the brand’s ambition to expand its portfolio in the world's...
L Capital backs Chinese clothes maker Xinhe
Private equity firm L Capital Asia, sponsored by multinational luxury brand LVMH, has supported Xinhe Fashion by increasing its investment to become the company’s second-largest equity stakeholder.
Chinese luxury goods website raises seed round of financing
Parkview Ventures and Mousse Partners have participated in the seed round of financing for Chinese e-commerce company Hui She Shang, also known as The Luxury Club. The company offers Chinese consumers authentic and brand-authorized luxury goods – including...
LVMH, PE compete for Amanresorts
LVMH Group is competing with unnamed private equity firms to acquire luxury Southeast Asia-based hotel chain Amanresorts International, Bloomberg reported, in a deal that could be worth $450 million.
Private equity's fashion fix
When it comes to capitalizing on rising disposable incomes in key Asian markets, investors are finding the region’s fashion and lifestyle segment in vogue
L Capital takes stake in Ming Fung Jewellery
LVMH group’s private equity investment arm L Capital has expanded its Asia portfolio to include jeweler Ming Fung Jewellery Group, purchasing an 8.61% stake in the company for an undisclosed sum.
L Capital in JV with Indian fashion portfolio company
LVMH’s investment arm L Capital Asia looks to strengthen its commitment to portfolio firm Genesis Luxury Fashion through the launch of a 50-50 joint venture to exhibit the Indian firm's fashion pieces.
LVMH’s private equity arm makes first investment in India
L Capital Asia, the private equity arm of LVMH Group, has made its first investment in India, picking up a 25.5% stake in Genesis Luxury Fashion for an undisclosed sum. The investment will be executed in two tranches.