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L Catterton to Take Tod’s Private

The LVMH-linked firm is betting its $545 million stake in the Italian shoemaker will yield the double-digit returns private equity typically seeks.
Tod's Autumn/Winter 2024.
Tod's Autumn/Winter 2024. (Getty Images)

An investment firm backed by LVMH is betting demand from wealthy Americans for quiet luxury will ensure its €510 million ($545 million) stake in Italian shoemaker

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Further Reading

Tod’s Group to Go Private in Deal with L Catterton

Ties run deep between the Della Valle family that controls Tod’s and L Catterton backer LVMH. The delisting could allow Tod’s to invest heavily in promoting its brands while cleaning up distribution away from the scrutiny of public markets.

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