Editor
The minimalist French ready-to-wear brand, founded by Jean Touitou in 1987, has agreed to sell a majority stake to the LVMH and Groupe Arnault-backed private equity firm L Catterton, according to a statement obtained by BoF. L Catterton will help the brand scale internationally and grow its digital business. Terms of the deal were not disclosed.
A.P.C.’s current chief executive François-Cyrille de Rendinger will take the role of president…
