Style Capital Investment Fund Interested In Jacquemus Brand

Jacquemus is attracting much interest from potential investors. In an interview with the French daily Le Figaro a month ago, the designer Simon Porte Jacquemus ended the rumours that had been circulating for some time, revealing that the house was indeed looking for a financial partner to enable the brand to expand internationally. Today, Italian media outlet MilanoFinanza has revealed that the Italian fund Style Capital, founded in 2005, is interested in investing in the label. The fund had already invested in the French ready-to-wear brand Soeur, a symbol of the ‘quiet luxury’ trend, in which it acquired an 80% stake. Style Capital has also completed a significant and successful financial transaction, selling a majority stake in Australian fashion house Zimmermann, in which it remains a minority shareholder, to US investment fund Advent International for €1 billion. The solid financial performance of Jacquemus now attracts the fund, as Roberta Benaglia, founder and CEO of Style Capital, explains in an interview with MilanoFinanza. ‘We have great admiration for Jacquemus, which has the best characteristics of what we are looking for in our investments,’ said the businesswoman.

It's true that the company has seen exponential growth in recent years: it has forecast sales of €100 million in 2021, €200 million in 2022, €280 million the following year, and is aiming for sales of €500 million by 2025. On 18 October, the French label inaugurated its first flagship store in New York's Soho district, fulfilling Simon Porte Jacquemus's ambition to see the brand expand on the American market. The designer's next target is London.

With this potential agreement with Style Capital, Jacquemus would lose its unusual status as an independent house in the world of luxury fashion. The French designer had always wanted to retain its independence, to the extent that in 2022 it wanted to buy out the 10% stake held by the Spanish group Puig.