by Chantal Fernandez
The LVMH Group announced Monday that it will take a minority stake in luxury jewelry brand Repossi. The Italian company is led by Artistic and Creative Director Gaia Repossi, who took the lead at the company her great grandfather founded in 2007, at only 21 years old.
Under the direction of her father, Alberto Repossi, the brand opened its only two stores so far in Monte Carlo in 1977 and Paris in 1985. The line is available at about 90 retailers worldwide, including Barneys and Opening Ceremony in the U.S. The size of the investment was not disclosed.
Source: http://fashionista.com/
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