July 31, 2024

Naomi Watts' Stripes Beauty Snags Platinum-Level Investor L Catterton

July 31, 2024/ Anne Enke

AOC completely missed the June announcement that L Catterton is partnering with actor Naomi Watts to acquire her menopause-care brand Stripes Beauty.

The American multinational private equity firm closely partnered with LVMH and Groupe Arnault is putting some expertise power behind the venture. Debra Perelman, the former Revlon CEO, is executive chair of Stripes Beauty and Cara Kamenev, a former L'Oréal executive, is president.

This nation is very messed up over the expression of a healthy female sexuality and sensual joy as a form of wellness. France and most of Europe are way ahead of America in supporting a positive sexuality at any age.

I just had a rush of my own joy reading that Naomi Watts is now in the hands of a platinum-level, business development team in the L Catterton stable. Talk about a safe harbor for Stripes Beauty. It’s a fabulous piece of news that will age well for all parties!! ~ Anne

Rihanna's Vogue China Cover Story and Fenty Beauty in China at Sephora

April 27, 2024/ Anne Enke

Former Vogue China [IG] EIC Margaret Zhang delivered Rihanna on her final April 2024 cover story for the magazine. Rihanna takes two print covers and three digital ones in her story ‘Rihanna: Beauty In Individuality’, styled by Alvin Yu in images by Hailun Ma [IG].

Fenty Beauty, the beauty brand entered the Chinese beauty market on April 1 and is now sold at Sephora stores in China.

Western media is not inclined to report on or explore exactly where western luxury brands stand in China, beyond the economics of money to spend. The Chinese government is deeply involved in monitoring the tensions between China’s desire to be part of the global luxury market, while also protecting China’s identity and values.

Tod's Group and L Catterton Sign Deal to Delist from Italian Stock Exchange or Merge

February 11, 2024/ Anne Enke

On Super Bowl Sunday, the Tod’s-LVMH decades-long business connection went into high gear with news that Tod’s Diego Della Valle, his brother Andrea Della Valle and the LVMH-backed private equity firm L Catterton have entered an agreement involving the launch of a tender offer at €43 per Tod’s share. The goal of delisting Tods’Group from the Italian stock exchange is in sight.

Today’s financial offer will leave the Della Valle Family with a 54 percent stake in Tod’s Group capital and assets; L Catterton will indirectly own 36 percent and Delphine SAS [a fully-owned subsidiary of LVMH] will retain a 10 percent stake.

Tod’s first announced a desire to delist its company from the Italian stock exchange in August 2022. That effort failed in October 2022, when a bid launched solely by the Della Valle family failed to reach the 90% threshold required to delist.

Anne of Carversville wrote days ago about about our growing understanding of the management style of LVMH/Bernard Arnault-trained executives. The trees planted have deep roots that bear premium fruit with long-term alliances, strong interpersonal friendships, trust and loyalties. It’s impressive.

60% of Etro Acquired by LVMH-Backed L Catterton | Etro Resort 2022 Collection

July 16, 2021/ Anne Enke

60% of Etro Acquired by LVMH-Backed L Catterton | Etro Resort 2022 Collection AOC Fashion

Etro shares its Resort 2022 Lookbook, styled by Geraldine Saglio. Models Adit Priscilla, Ash Foo. Olivia Vinten and Rolf are lensed by Ferry van der Nat [IG] with creative direction by Macs Iotti./ Hair by Marco Braca; Luciano Chiarello

On Sunday, the Italian fashion company Etro made an announcement about its future.