LVMH-backed fund hunts for emerging Asian brands SINGAPORE - A US$650-MILLION (S$805 million) private equity fund backed by the world's top luxury retailer LVMH is on the prowl for emerging Asian brands in the hope of transforming them into global names. The L Capital Asia fund has so far spent a total of US$90 million on minority stakes in two Singaporean fashion companies and a Hong Kong-listed watch and jewellery company. シンガポール - Aの米ドル650-MILLION(のS 805000000ドル)LVMHのグローバル名にそれらを変えることを期待してアジアのブランドを新たにうろついている世界の最高級店が出資するプライベートエクイティファンド
Hermès family draws up takeover defence The 60 family shareholders of Hermès, the luxury-goods group famous for its silk scarves and leather bags, spent Friday working on a defence against any future takeover bid by rival LVMH. エルメス、高級品グループは、絹のスカーフとレザーバッグで有名な、60家族の株主は、ライバルのLVMHの任意の将来の買収に対する防衛に取り組んで金曜日を過ごした