LVMH Luxury Ventures news and archive

Madhappy continues retail push with flagship opening in Malibu

Los Angeles-based fashion brand Madhappy has opened its fourth flagship store as it continues to expand its retail presence. Located in Malibu, California, the new 2,400 square-foot brick-and-mortar store showcases the brand’s latest collections and includes an on-site cafe. The Malibu flagship builds on the visual concept developed for its...

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LVMH invests in French knitwear brand Molli

LVMH Luxury Ventures, the investment arm of LVMH, has acquired a minority stake in the French knitwear brand Molli. Trade publication WWD first reported the news. The financial details of the investment have not been disclosed. Molli was founded in 1886 in Switzerland as a knitting factory. In 2014, chief executive officer Charlotte de Fayet...

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Scandinavian luggage brand Db welcomes new investors

Scandinavian bag and luggage brand Db is poised to continue its international expansion after welcoming two new minority investors, Manchester City footballer Erling Braut Haaland and fashion model Gustav Magnar Witzøe, following its investment from the LVMH Luxury Ventures Fund in November 2024. Truls Brataas, founder of Db, said in a...

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LVMH acquires minority stake in menswear brand Our Legacy

LVMH Luxury Ventures, an investment arm of luxury group LVMH, has acquired a minority stake in Swedish brand Our Legacy, Business of Fashion reported exclusively. LVMH has not yet confirmed the deal. Our Legacy will reportedly use the investment to scale up its operations, kicking off its “next phase of growth” by expanding its store network to...

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Lab-grown diamond producer Lusix raises 90 million US dollars

Israeli-based lab-grown diamond producer Lusix has completed an investment round of 90 million US dollars involving high-profile investors including LVMH Luxury Ventures. In a statement, Lusix said that the round was led by the French luxury conglomerate’s investment arm LVMH Luxury Ventures, alongside Israeli’s Ragnar Crossover Fund and...