L Capital, an affiliate of luxury brand group LVMH, will invest US$50 million in Korean cosmetics company Clio, which aims to go public by the end of this year. Clio will issue redeemable convertible preference shares to be taken over by the investment…
In a marriage of high fashion and finance, a new partnership is being formed by luxury products company LVMH with two equity firms, Catterton and Groupe Arnault. They have agreed to create L Catterton, combining private equity firm Catterton’s North and Latin…
Ku De Ta – the swanky bar perched on the boat-shaped rooftop of Singapore’s iconic casino resort Marina Bay Sands – is undergoing an extreme makeover, including a name change. Now called Ce La Vi, the nightspot will go through a major refurbishment this…