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Private equity fund L Catterton invests in Mizzen+Main
10
Apr '17
L Catterton, a consumer focused private equity firm has picked a significant stake in Mizzen+Main, a US menswear brand. The capital will be used to support the brand's growth by expanding its product offering and omni channel presence. L Catterton has invested globally in premium apparel brands like Rhone Apparel, Hanna Andersson, Pepe Jeans, etc.

Mizzen+Main is a designer, wholesaler and retailer of American-made, performance focused menswear and offers sport shirts, chinos, polos, henleys, sweaters and pullovers, which are wrinkle-free and which have stretch and moisture wicking capabilities.

"We are thrilled to receive this growth investment from L Catterton, which is an ideal partner for high-growth apparel brands," CEO at Mizzen+Main, Kevin Lavelle said. "We look forward to working closely with L Catterton to become the next great American brand."

"We see an incredible opportunity to leverage Mizzen+Main's strong offering and authentic brand heritage to grow its online sales, expand its retail presence, and increase awareness of the brand's unique value proposition," Jon Owsley, co-managing partner of L Catterton's Growth Fund added. (AR)

Fibre2Fashion News Desk – India


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