FashionAstier de Villatte Sells Majority Stake to Vesper

Astier de Villatte Sells Majority Stake to Vesper

-

spot_img

[ad_1]

Paris-based lifestyle brand Astier de Villatte has sold a majority stake to investment fund Vesper, the companies said in a statement.

Founders Ivan Pericoli and Benoît Astier de Villatte will both retain a “significant stake” and continue to creatively lead the brand following the sale. Other terms of the deal were not disclosed.

The brand was created in 1996 by Pericoli and Astier de Villatte, who were then students at the Beaux-Arts de Paris. Its since built a global following for its ceramics, which are known for historically-informed shapes and a signature aesthetic of black terracotta poking out from hand-applied white glaze.

The company has expanded its business abroad in recent years by opening new retail locations in Seoul and Milan as well as through longstanding wholesale accounts like New York’s John Derian Company. 70 percent of sales now come from outside France.

The company has also branched out into fragrance, launching a line of eau de colognes in 2016 before expanding into eau de parfums and home scents.

In 2022, perfumer Dominique Ropion collaborated on the release of “Three Historical Perfumes,” which recreated ancient scents from Egypt and the Parthian Empire, as well as a perfume found in the personal effects of 19th century novelist George Sand.

The brand’s flagship store on Rue Saint-Honoré, also sells home decor, Christmas ornaments, and books.

Vesper is a nascent private equity firm whose previous investments include auction house Drouot and the 200 year-old chocolatier Debauve et Gallais. It was founded in 2018 by Pierre-Guillaume Veron, a former investment banker from Lazard and Audacia.

Learn more:

Fashion and Design Collide at Salone Del Mobile

Fashion’s presence at Milan Design Week intensified this year. Savvy activations by brands including Hermès, Gucci, Bottega Veneta, Loewe and Prada showed how Salone has become a critical petri dish for dalliances between design and fashion.

[ad_2]

Source link

Latest news

How to Make Real Money With 92 Pak Game

Understanding the Basics of 92 Pak Game 92 Pak Game has gained massive popularity among mobile gamers in Pakistan, primarily...

How UFABET Supports Multilingual Customer Service

In the increasingly globalized world of online betting, providing excellent customer service that caters to a diverse audience is...

Real Money Pokies Online: Security Protocols Explained

Playing real money pokies online is a thrilling way to enjoy casino entertainment from the comfort of your own...

Signs You Need a New Engine for Hyundai ix35

Your Hyundai ix35 is more than just a vehicle—it’s a reliable companion for daily commutes, weekend adventures, and everything...
spot_img

Ceritafilm Offers a Journey Through Reviews and Downloads

Explore the World of Cinema Through a Comprehensive Lens For movie enthusiasts who crave more than just a surface-level understanding...

Used Laptop Screen Quality: How to Spot Dead Pixels and Backlight Issues

Understanding Screen Quality in μεταχειρισμένα laptop When considering μεταχειρισμένα laptop for purchase, one of the most crucial components to inspect...

Must read

How to Make Real Money With 92 Pak Game

Understanding the Basics of 92 Pak Game 92 Pak Game...

How UFABET Supports Multilingual Customer Service

In the increasingly globalized world of online betting, providing...
spot_img

You might also likeRELATED
Recommended to you