LVMH-Backed L Catterton Agrees to Buy Majority Stake in Kiko
The private equity fund has entered into a definitive deal with the Percassi family, which will retain a “significant stake” in the business.
Maria Luisa Poumaillou, the buyer whose eponymous stores helped launch the careers of designers including Jean Paul Gaultier and Helmut Lang, tragically lost her battle with cancer on Tuesday.
Maria Luisa Poumaillou has gone from owning one of the most influential fashion boutiques in Paris to transforming venerable department store Printemps into a serious fashion destination, along the way enabling the careers of some of the greatest names in fashion. Now, on her way to conquer the Chinese market with a slew of new stores and her own fashion brand, the legendary buyer sat down with BoF to share her story.
Maria Luisa Poumaillou has gone from owning one of the most influential fashion boutiques in Paris to transforming venerable department store Printemps into a serious fashion destination, along the way enabling the careers of some of the greatest names in fashion. Now, on her way to conquer the Chinese market with a slew of new stores and her own fashion brand, the legendary buyer sat down with BoF to share her story.
The late legendary buyer was renowned for her alternative, elegant taste, honed in her famous Parisian boutique, which was later incorporated into department store Printemps.
The private equity fund has entered into a definitive deal with the Percassi family, which will retain a “significant stake” in the business.
The company confirmed in January that it planned to restart activities in Venezuela in the first half of 2024 with local partner Grupo Futura.
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