L Catterton Asia to acquire 10% stake in Future Lifestyle Fashions
Future Lifestyle Fashions announced that L Catterton Asia, the Asian unit of the largest and most global consumer]focused private equity firm in the world, will make a significant investment in Future Lifestyle Fashions.
L Catterton Asia will acquire an approximately 10% stake in FLFL through a mix of preferential allotment and secondary purchase of shares.
L Catterton Asiafs significant investment in FLFL will enable FLFLfs retail formats, Central and Brand Factory, and own brands to leverage the global fashion and retail expertise of L Catterton to further strengthen and expand the business.
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First Published: May 21 2018 | 1:19 PM IST