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Top brands under one roof soon

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.

Updated on: Aug 15, 2012 01:47 am IST
Hindustan Times | By , New Delhi
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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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Catch your daily dose of Fashion, Taylor Swift, Health, Festivals, Travel, Relationship, Recipe and all the other Latest Lifestyle News on Hindustan Times Website and APPs.
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