LVMH acquires stake in Giuseppe Zanotti

L Capital Management and L Capital Asia, the private equity funds of luxury giant LVMH, have acquired a 30 percent stake in Vicini SpA, the owner of Italian luxury shoes label Giuseppe Zanotti.

“In this moment, strengthening our company with a global partner represents an additional investment,” Giuseppe Zanotti said in a statement. “One which will allow the company to get better structured, reinforce our penetration into the international markets, and keep growing. It is a great new project which make us really proud and optimistic for the future.”

Giuseppe Zanotti’s acquisition follows LVMH’s recent investments in Nicholas Kirkwood (majority stake) and J.W. Anderson (minority stake).

Giuseppe Zanotti first clothing collection, Fall Winter 2014-15