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.