LVMH Luxury Ventures news and archive

Scandinavian luggage brand Db welcomes new investors

Scandinavian bag and luggage brand Db is poised to continue its international expansion after welcoming two new minority investors, Manchester City footballer Erling Braut Haaland and fashion model Gustav Magnar Witzøe, following its investment from the LVMH Luxury Ventures Fund in November 2024. Truls Brataas, founder of Db, said in a...

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LVMH acquires minority stake in menswear brand Our Legacy

LVMH Luxury Ventures, an investment arm of luxury group LVMH, has acquired a minority stake in Swedish brand Our Legacy, Business of Fashion reported exclusively. LVMH has not yet confirmed the deal. Our Legacy will reportedly use the investment to scale up its operations, kicking off its “next phase of growth” by expanding its store network to...

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Lab-grown diamond producer Lusix raises 90 million US dollars

Israeli-based lab-grown diamond producer Lusix has completed an investment round of 90 million US dollars involving high-profile investors including LVMH Luxury Ventures. In a statement, Lusix said that the round was led by the French luxury conglomerate’s investment arm LVMH Luxury Ventures, alongside Israeli’s Ragnar Crossover Fund and...