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HindustanTimes Fri,31 Oct 2014

Top brands under one roof soon

Hindustan Times  New Delhi, August 14, 2012
First Published: 17:22 IST(14/8/2012) | Last Updated: 01:47 IST(15/8/2012)

If things work out right, you may soon be able to shop from a world-class luxury house abundant with designer creations from top labels. L Capital, a private equity firm, is joining hands with Indian designers to set up luxury design houses based loosely on Louis Vuitton Moët Hennessy (LVMH), the Paris-based maker of luxury goods. Designers Rohit Bal and Sabyasachi Mukherjee are in talks with the company but refused to give details due to signing of a non-disclosure agreement.

Mukherjee issued an official statement, which reads, “We are in talks with L Capital for a major minority stake in my company. We have signed a non-disclosure agreement and hence can’t talk in further detail.”

More designers are expected to become part of this venture in future.    

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