The French fashion label Ami Paris and the Chinese fund Hongshan Capital Group could separate in the future. However, an exit of the investor from the capital of the brand is currently “no hurry”, as Nicolas Santi-Weil, Chief Executive Officer (CEO) from Ami Paris, confirmed to fashionunited by email.
Hongshan Capital Group took over a majority stake in Ami Paris in 2021. Since then, the brand has significantly expanded its presence on the Asian market, opened up new segments and further strengthened its global and cultural brand image by participating in international fashion competitions and most recently with the introduction of the Grand Prix Ami Paris as part of a secondary series of the Cannes film festival.
“It is very natural that after almost five years-her entry took place in 2020-and in view of an investment that has paid off more than paid off, she begin to think about a possible exit,” continues Nicolas Santi-Weil.
‘We never have bonds’
The CEO of Ami Paris also underlines the solid financial situation of the brand: “The company has been very healthy and has been profitable since the first financial year. It is the profitability of the business, which has largely financed its development. We have never committed bonds in contrast to what was recently said in the press. So there is no hurry for this exit.”
According to Santi-Weil, Ami Paris did not have to go into debt on the financial markets to finance his growth. The development was carried out exclusively through its own profitability, a positive signal for the financial stability of the brand.
“Whatever happens, the brand is called Alexandre Mattiussi and has been successfully managed by Alexandre Mattiussi as creative director and me as managing director for twelve years. Both remain shareholders of the company and intend to continue to do so.”
The Ami Paris brand was founded in Paris in 2011 and offers a women and men’s collection under the artistic direction of its founder Alexandre Mattiussi. In recent years, she has presented defilees during the Paris fashion week, but also abroad, especially 2022 in Seoul.
HSG, formerly Sequoia Capital China, is a risk capital and private equity society that invests in the areas of technology, health and consumption worldwide. She maintains offices in Hong Kong, Shanghai, Beijing, Shenzhen, London, Tokyo and Singapore and manages a fortune of more than $ 55 billion (around 50.8 billion euros) via various funds.
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