BLACKSTONE invests in VERSACE

LVMH acquired an 80% controlling majority stake in Rimowa from Dieter Morszeck in a highly strategic, friendly transaction. The deal was structured via a definitive share purchase agreement under which the French luxury conglomerate took full control of the corporate equity, while the remaining 20% stake was retained by Dieter Morszeck, who stayed on as an equity partner and co-managing director. Upon finalization of the transaction, Alexandre Arnault was appointed co-managing director to lead the integration alongside the founding family

G-III Apparel Group acquired 100% of Donna Karan International from LVMH in a highly significant and transformational corporate transaction. The deal was structured via a definitive stock purchase agreement that combined cash, high-leverage institutional debt facilities, and vendor financing mechanisms. To execute the acquisition, G-III secured major financing commitments from Barclays and JPMorgan Chase. The purchase price was funded via a multifaceted capital structure consisting of senior bank debt, a $75 million seller’s note (vendor loan) extended by LVMH over a 6

The acquisition of Roberto Cavalli by Clessidra SGR and its co-investors marks a significant transaction in the luxury fashion industry. The deal is driven by a strategic rationale to support the growth and development of Roberto Cavalli, leveraging the resources and expertise of the acquirers to expand the brand's global presence and improve its operational efficiency. The transaction is expected to have a positive impact on the market, as it will enable Roberto Cavalli to maintain its unique style and brand identity while benefiting from the financial and managerial support of its new owners

Pomellato has been acquired by he French luxury group PPR (now rebranded Kering). PPR emerged as the winning bidder, defeating a competing buyout attempt from the Damiani family and their private equity partner. For PPR, the acquisition serves a critical strategic mandate: strengthening its foothold in the high-growth hard luxury segment (jewelry and watches), where it historically held a small relative footprint compared to rivals, primarily anchored by the house of Boucheron. The transaction highlights a broader structural consolidation trend in European luxury, following LVMH's transformative €3

LVMH has acquired a majority stake in the Italian luxury house Loro Piana from the founding family. The transaction involves LVMH purchasing 80% of the share capital, while the brothers Sergio and Pier Luigi Loro Piana retain a 20% minority interest and continue to support the company. The deal secures LVMH's position in the ultra-luxury segment by integrating a brand with unique expertise in rare raw materials. Strategically, Loro Piana will leverage LVMH's global distribution network and experience to accelerate its expansion into emerging markets, while LVMH gains access to Loro Piana's unrivaled textile sourcing capabilities

PAI Partners entered into an agreement to acquire a majority stake (78,39%) in Marcolin from the founding Marcolin family, the Della Valle brothers, and Antonio Abete through a primary leveraged buyout transaction. The deal introduces a new controlling shareholder while maintaining strategic alignment with several historical shareholders, who will reinvest alongside PAI through the acquisition vehicle. The transaction is designed to support Marcolin’s next stage of international expansion and strengthen its position within the global licensed eyewear industry

Mayhoola for Investments has acquired full ownership of Valentino Fashion Group (VFG) from Red&Black Lux S.a.r.l., a holding company controlled by Permira Funds (80%) and the Marzotto family (20%). The transaction focuses specifically on the Valentino brand and the M Missoni license. The deal structure excludes the MCS-Marlboro Classics brand (which remains with Red&Black) and follows the earlier separation of Hugo Boss from the group. The acquisition was funded entirely through cash without recourse to bank financing, reflecting the financial strength of the Qatari investors

Eurazeo acquired a 45% stake in Moncler from various shareholders, valuing the company at EUR1.2 billion. The equity investment by Eurazeo amounted to EUR418 million based on a total equity value of EUR930 million. Eurazeo joined founder and the private equity firm Carlyle in the capital. The objective of the investment was to support the "Global Down Jacket" strategy, professionalize the governance, and prepare the group for an international IPO (which eventually occurred in 2013).

LVMH acquired Bulgari in a significant, friendly, and strategic transaction. The deal was structured via a two-step acquisition process. In Step 1, the Bulgari family contributed its 50.4% controlling stake (152.5 million shares) to LVMH. In exchange, LVMH issued 16.5 million new shares, making the Bulgari family the second-largest family shareholder in LVMH with a 3.5% stake, and granting them two seats on the LVMH Board of Directors. In Step 2, as Bulgari was a listed entity in Milan, the transaction triggered a mandatory public buyout offer for the remaining 49

VSP Vision has acquired Marchon Eyewear through a combination of cash consideration and structured transaction terms. The acquisition gives VSP Vision control of a global eyewear platform specializing in the design, branding, and distribution of optical frames and sunglasses, supported by a strong portfolio of licensed brands and an extensive international commercial footprint. The deal reflects VSP Vision’s strategy to move further downstream into the eyewear value chain, complementing its core business in vision insurance and eye care services