Isabel Marant confirms exclusive negotiations with Montefiore Investment
today Jun 24, 2016
The French brand confirmed early Friday evening that it has entered exclusive negotiations with French investment firm Montefiore Investment, which will take a 51% stake in the fashion house's capital.
By choosing to partner with Montefiore Investment, Isabel Marant and her two associates, Sophie Duruflé and Nathalie Chemouny, affirm their desire to make the evolution of the House a durable one all while remaining faithful to its creative DNA.
The project includes plans for the continuation of investments in the brand, the progressive broadening of its territories and a reinforcement of its digital presence.
"Through this equity partnership, we want to bring the brand and the house to a new phase in its development. My motivation and involvement are 100% for the success of this project, as are those of all of the teams," emphasised the designer.
The brand is distributed through 22 exclusive stores, 9 of which are fully owned by the brands, as well as through a selection of the most high-end international department stores. The House generates 150 million euros in revenue, 80% internationally.
Created in 2005, Montefiore Investment is an investment specialist in France's consumer economy. It assists businesses in their growth and development projects. Based in Paris and run by three associates, Eric Bismuth, Daniel Elalouf and Jean-Marc Espalioux, Montefiore Investment currently has some 500 million euros in assets under management, including Interflora, Voyageurs du Monde and BVA.
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