LVMH investment firm L Catterton has officially purchased a majority stake in KAPITAL⁠
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They also have Birkenstock and A.P.C listed on their portfolio⁠
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LVMH-backed investment firm L Catterton has quietly taken a majority stake in Kapital with shockingly little fanfare. So little, in fact, that Highsnobiety is now the first publication to report on the deal despite it apparently being sealed several months back. It also didn’t (entirely) come out of nowhere: L Catterton appears to be angling its purchase of Kapital as part of a greater bid for financial inroads into Japan. ⁠
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Thoughts?⁠