Abstract
- Jacquemus has established its personal holdings firm titled Jacquemus La Maison Mère.
- The entity holds Jacquemus La Mode (ready-to-wear) and Jacquemus La Beauté (magnificence).
- The corporate is valued at €576.1 million EUR.
After inking a ship shoe collab with Timberland, dropping a banana-filled marketing campaign with Jon Gries, opening up new boutiques throughout New York, London, and Los Angeles, and venturing into magnificence with L’Oréal, Jacquemus is taking all of its enterprise issues in-house with its very personal holdings firm, Jacquemus La Maison Mère.
Established in March and chaired by designer Simon Porte Jacquemus, the Paris-based firm presently operates two branches: Jacquemus La Mode, or the label’s ready-to-wear enterprise valued at €530 million EUR, and Jacquemus La Beauté, or the model’s magnificence line valued at €46.1 million EUR, per Style Community. The entity holds 98.15% of the previous and 100% of the latter, which, collectively, are valued at €576.1 million EUR.
Jacquemus entered its unique magnificence partnership with L’Oréal in February, at which period the French cosmetics conglomerate introduced it had acquired a ten% minority stake within the firm to help “its impartial improvement.” The next month, Jacquemus appointed Sarah Benady, beforehand president of Celine North America, as its new chief government officer to steer the corporate towards “[becoming] a number one world luxurious home.”
