Officine Générale plots expansion

WWD has reported that Officine Generale has found a new investor and is now making plans for major expansion in the U.S., with new stores planned for New York and Los Angeles. Pierre Mahéo, designer and CEO Of Officine Générale, will be retaining a majority share of his label, and sold a minority stake to Untitled Group, a New York-based investment fund. Untitled Group joins BPI France, a French public investment bank that was Officine Générale’s first investor, as minority holders.