LVMH Invests in German Eyewear Label Mykita, and Other News
1 day ago · BY THE EDITORS November 13, 2024. Mykita's Bernhard Willhelm Satori eyewear. Courtesy of Mykita. LVMH makes a minority investment in Berlin-based eyewear brand Mykita. LVMH has acquired a minority stake in Berlin-based eyewear brand Mykita, aiming to support the brand’s global growth while allowing it to remain operationally independent.
LVMH Takes Minority Stake in German Eyewear-maker Mykita
2 days ago · The Mykita x Bernhard Willhelm Satori Courtesy Photo. PARIS – LVMH Moët Hennessy Louis Vuitton is delving deeper into eyewear by taking a minority stake in the German brand Mykita. Terms of the ...
LVMH plans to take a minority stake in eyewear brand Mykita
Mykita was founded in 2003 in Berlin, Germany and has grown to become a prestigious eyewear manufacturer renowned for its handcrafted eyeglasses and sunglasses. The company operates out of a ...
LVMH acquires minority stake in luxury eyewear brand Mykita
22 hours ago · MYKITA, the pioneering Berlin-based eyewear brand, and Thélios, the eyewear entity of LVMH, announced that they have entered an agreement in view of a minority investment in MYKITA.This strategic step for MYKITA is currently subject to customary regulatory approvals. MYKITA will continue to operate with full independence in every aspect of its strategy, operations and creative process, from ...
Mykita and Thélios Reach Agreement for Minority Investment in Mykita
3 days ago · Press Releases. 0 Comments. (PRESS RELEASE) BERLIN / LONGARONE — MYKITA, the pioneering Berlin-based eyewear brand, and Thélios, the eyewear entity of LVMH Group, announced that they have entered an agreement in view of a minority investment in MYKITA. This strategic step for MYKITA is currently subject to customary regulatory approvals.
LVMH plans to invest in Mykita - fashionunited.com
2 days ago · The eyewear specialist Mykita was founded in Berlin in 2003 on the premises of a former daycare center, from which the name is derived. Since 2014, the company has brought all its divisions together under one roof in the Berlin district of Kreuzberg. ... FashionUnited uses AI language tools to speed up translating (news) articles and proofread ...
LVMH plans to invest in Mykita - fashionunited.uk
2 days ago · Credits: Mykita. LVMH plans to further expand its presence in the eyewear sector and has set its sights on Mykita. The French luxury goods group wants to acquire a stake in Mykita through its subsidiary Thélios, the Berlin-based eyewear manufacturer confirmed to FashionUnited. Germany's competition regulatory agency still has to give its approval.
LVMH Takes Minority Stake in Mykita - PressReader
1 day ago · Mykita will remain fully independent operationally, in terms of strategy and creative process, according to a joint statement from both companies. “This minority investment will strengthen Mykita's position as a truly global design and manufacturing house, to continue driving innovation and shaping the future of the eyewear category ...
MYKITA Sets Industry Example with Pivot to Acetate Renew
Mar 12, 2023 · MYKITA joined forces with Eastman and switched its entire range to Acetate Renew, accelerating the transition to sustainability and circularity in high-quality eyewear. In March 2022, MYKITA announced a complete pivot, switching its …
MYKITA sets industry example with first complete pivot to …
Mar 31, 2022 · From today, leading independent eyewear brand MYKITA will exclusively source the sustainable Acetate Renew, produced by Eastman's innovative molecular recycling technology. The decision marks an...