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Report: L Catterton to Sell Ganni in up to $700 Million Deal

The Danish label has hired boutique investment bank Lazard to run the sale process, which has attracted interest from Chinese buyers, according to sources.
L Catterton bought a majority stake in Ganni in 2017 and has since helped the brand expand internationally.
L Catterton bought a majority stake in Ganni in 2017 and has since helped the brand expand internationally. (Ganni)

Private equity firm L Catterton is selling its Danish fashion brand Ganni in a deal that could fetch up to $700 million, two people with knowledge of the situation told Reuters.

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