L Capital Archives - Inside Retail Asia

Asia a priority for BA&SH after early Hong Kong success

Parisian affordable luxury brand Ba&Sh plans to ramp up its Asian presence after early success in Hong Kong.

L Capital sells stake in Fabindia Overseas

L Capital has sold its 16 per cent stake in India’s ethnic product company Fabindia Overseas.

LVMH affiliate invests $50m in Clio

L Capital, an affiliate of LVMH, will invest US$50 million in Korean cosmetics company Clio.

Takeover whispers surround SMCP

French fashion brand owner SMCP has attracted takeover bids from Lion Capital and Chinese textile producer Shandong Ruyi Group, according to reports in Hong Kong.

LVMH’s L Capital in PE merger deal

LVMH’s Singapore-headquartered L Capital is one of six private equity companies merged into what will be the world’s largest consumer-focused investment firm.

LVMH invests in China outlet malls

The world’s largest luxury brand owner LVMH is to take a cornerstone stake in a unique, upmarket outlet mall business in China, Sasseur. The investment will come via its Singapore-based L Capital Asia investment arm, which specialises in identifying upcoming brands and providing venture capital for their growth and market development. L Capital Asia will invest more than US$100 million in Sasseur Cayman, which owns four outlet malls, representing the fund’s second biggest investment in C…

Investment firms eye Indian retailer

Asian investment firms, including Singapore’s Temasek, are eyeing 30 per cent of Indian retailer Aditya Birla. The investors, which also include L Capital, the investment arm of LVMH Group, and International Finance Corporation, a unit of World Bank, are reportedly in advanced talks to buy a minority stake in Aditya Birla Retail, whose portfolio includes Madura Fashion and Lifestyle and Pantaloons, for $400 million – $500 million. Aditya Birla plans to use the fund to expand its retail net…

Fast Retailing eyes Cath Kidston

Uniqlo parent Fast Retailing is reportedly planning to buy a controlling stake in British homeware retailer Cath Kidston. The Japanese company is said to have approached PE firm TA Associates to buy its 65 per cent shareholding in the retailer. Established in 1993, Cath Kidston’s designs are inspired by her nostalgic English country childhood. Adding a little twist in English heritage designs, Cath Kidston combines the old and new styles of coloured prints and patterns giving birth to th…

L Capital committed to India’s Genesis

LVMH’s private equity firm L Capital remains committed to backing Indian retailer Genesis Luxury. That’s according to Genesis Luxury founder and MD Sanjay Kapoor, who said that L Capital has reaffirmed it will keep its 40 per cent of the company. Kapoor said L Capital had some issues with one of Genesis Luxury’s franchisee brands, Sephora, which affected the deal at the beginning. But now that Genesis has sold the Sephora rights to DLF Brands, the conflict between Genesis and L Capital has…

Indian cinema operator plans international expansion

PVR to take its high-end cinema concept to Singapore, Hong Kong and Thailand.

R.M Williams finds buyer

Luxury French fashion group buys stake in iconic Aussie brand.

L Capital withdraws Lilliput bid

LVMH private equity arm L Capital backs away from buying troubled Indian kidswear brand Lilliput.