Wednesday, August 29, 2012
L Capital Asia eyeing Indian design
It is a story that has the Indian fashion world all abuzz. According to India's financial press, the investment fund L Capital Asia, owned by LVMH and Groupe Arnault, and invigorated by a recent bolstering of its onsite team, is now scoping out two Indian designers, Sabyasachi Mukherjee and Rohit Bal. The Economic Times reports that the company would be led by Evoluzione, a specialist retailer for designer brands from Chennai, which L Capital would partner with to form a joint venture. The
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