LVMH'S Fund'S Acquisition Of EI Ganso Shares

L Capital, the world's largest luxury group LVMH and its holding group Groupe Arnault, has invested in the Spanish fashion brand El Ganso.

The equity of Acturus Capital49%.

Spain is a country rich in cheap fashion brands. Mango and Zara are all the best in the international fashion stage.

El Ganso may also follow the lead of fellow countrymen.

L Capital, the world's largest luxury group LVMH and its holding group Groupe Arnault, has invested in a series of contemporary fashion brand holders. Over the past few years, it has acquired or invested in a number of fashion brands targeting the mid end market: acquiring the equity of Italy's famous designer shoes brand Giuseppe Zanotti 30%; acquiring the French fashion brand Ba&sh 50% stake; joint Lebanon investment company M1 Group, investing in the most rapidly growing cowboy and leisure brand Pepe Pepe in Europe; and holding 51% of French fashion brands, and 51% sold in 2013.

According to the latest news, L Capital has bought shares of EI Ganso's holding company ActURus Capital 49%.

The company said in October 9th that this is the LVMH group and Arnault group.

The private equity fund will help the revitalization of the Madrid brand EI Ganso and promote its growth in the international market.

However, details of specific pactions have not yet been released.

The design and manufacture of EI Ganso are in Europe. The brand provides a series of men's wear, women's wear and children's garments at the price of the people.

And accessories products.

El Ganso was founded in 2004 by Clemente Cebrian Ara, and its brand is owned by herself and her son ALVaro and Clemente.

In terms of price, El Ganso is much cheaper than big brands of quality.

The company expects net revenue to exceed 70 million euros ($78 million 900 thousand) by the end of this year, with an annual growth rate of 50% over the past five years.

It is estimated that by the end of 2015, EI Ganso will open 120 stores, and the total number of employees will reach 600.

Julio BaBECKi, managing director of L Capital capital, Spain, said: "although EL Ganso is a relatively young company, it has successfully created a distinctly sportswear series.

This is an important presence in the Spanish market.

The brand's global expansion experience so far, especially in some of the most challenging fashion centers in the world, such as Paris, London and Milan, will continue to promote the future development of the brand and achieve a high level of performance growth, along with our experience in the global market of the fashion industry.