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L Catterton to Take Majority Stake in A.P.C.

The French brand, founded and run by Jean Touitou since 1987, is looking to the LVMH-backed private equity firm to help it scale internationally.
L Catterton has taken a majority stake in French ready-to-wear brand A.P.C.
L Catterton has taken a majority stake in French ready-to-wear brand A.P.C. (Courtesy)
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The minimalist French ready-to-wear brand, founded by Jean Touitou in 1987, has agreed to sell a majority stake to the LVMH and Groupe Arnault-backed private equity firm L Catterton, according to a statement obtained by BoF. L Catterton will help the brand scale internationally and grow its digital business. Terms of the deal were not disclosed.

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About the authors
Brian Baskin
Brian Baskin

Brian Baskin is Executive Editor at The Business of Fashion. He is based in New York and oversees BoF's beauty, retail, direct-to-consumer, technology, marketing and workplace verticals.

Joan Kennedy
Joan Kennedy

Joan Kennedy is Correspondent at The Business of Fashion. She is based in New York and covers beauty and marketing.

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