Montefiore Investment Acquires A 51% Stake In Isabel Marant

By  |  0 Comments
Share Button

Isabel Marant Fall 2016 Ready-To-Wear2

Isabel Marant Fall 2016 Ready-To-Wear.

French house Isabel Marant has a new owner. Fashion designer Isabel Marant founded her namesake label in 1994. Originally consisting of jerseys and knitwear, the label is currently most popular for its high-end shoes.

It was recently announced that Montefiore Investment acquires a 51% stake in the brand (51 percent of its capital has been sold to Montefiore Investment). Terms of the deal were not disclosed.

Citing Isabel Marant’s “tremendous untapped potential,” Henri Topiol, a principal at Montefiore Investment, told WWD the plan is to develop the brand’s online and bricks-and-mortar networks.

We’re convinced there is still room to grow in new territories, both geographically and in terms of product categories,” he continued. “Isabel Marant today is focused on ready-to-wear and shoes, and we believe that a brand of this stature could have an accessories range in the first stage and then maybe develop new categories — such as perfume or eyewear, or possibly men’s wear at some point. These are things we would like to explore.”

The brand’s original partners, Isabel Marant, Nathalie Chemouny and Sophie Duruflé, the label’s managing director, still control 49% of the brand’s capital.

They are still very much involved, both in terms of capital and management,” added Topiol.

Last year, Isabel Marant posted wholesale revenues of 150 million euros, or $166.5 million at average exchange rates, of which more than 80 percent was generated abroad.

This deal marks Montefiore Investment‘s first fashion investment. Their portfolio includes budget hotel chain B&B Hotels, car-hire broker Auto Escape and marketing and opinion research firm BVA.

Isabel Marant Fall 2016 Ready-To-Wear1

Isabel Marant Fall 2016 Ready-To-Wear.

Isabel Marant Fall 2016 Ready-To-Wear3

Isabel Marant Fall 2016 Ready-To-Wear.

Photos Credit: Kim WestonArnold /Indigital.tv

Source: WWD

Share Button

Donovan

Donovan is the CEO and Editor-In-Chief of www.dmfashionbook.com. For all general inquiries please email don@dmfashionbook.com Donovan has a BA in Journalism & Media Studies from the prestigious Rutgers University. He's currently studying entertainment and fashion law.

You must be logged in to post a comment Login