Téthys, the family office of the Bettencourt-Meyers family, best known as the largest shareholders of L’Oreal, is taking a minority stake in French direct-to-consumer label Sézane, joining previous investor General Atlantic in the apparel brand’s latest round of funding. (In 2018, General Atlantic acquired an undisclosed minority stake.)
A representative for Téthys declined to share the terms of the transaction, but said there would be…