Word on the streets is that fashion designer Isabel Marant, is potentially looking to sell a majority stake at her namesake company—51% to be exact. The rumors of selling the controlling shares began back in December 2015 for expansion purposes, but six months later, it seems like they are about to close the deal with French investment fund, Montefiore. If this deal pushes through, the French fashion house will be the only fashion label within Montefiore’s investment portfolio.
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The label that is currently valued at an estimated 300 million euros could stand to acquire a lot even with just the remaining 49% left to the Parisian designer, her brand director Sophie Duruflé, and the third partner Nathalie Chemouny. “We have been in advanced discussions with Montefiore for several months, but nothing is signed,” Duruflé says.
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Annually, Isabel Marant the label earns as much 150-200 million from sales. Majority of which comes from the international market. Aside from being available in the top department stores across the globe, with recently opened boutiques in Hong Kong and more stores in the US, it’s still not clear whether the sell-out is for expansion purposes. The designer is not too keen on seeing her pieces on everyone. She told WWD last year, "My aim with my label is not to be on all the corners. I would like to keep a certain confidentiality even if it’s not, really. I think when things become too much it becomes a bit disgusting."
Although nothing is sure yet, an official announcement can be made any day now.