French investment company Téthys Invest has acquired a minority stake in Sézane, according to various media outlets, including WWD. It is not known exactly how much was invested in the French brand.
French media reports that the stake Téthys Invest has taken in the company is less than the 45 percent that investment company General Atlantic currently owns in the brand.
Sézane is known for the boho and vintage atmosphere of his designs. The brand has nine stores in France, two in Spain, two in the United States and one in London. Also, a pop-up recently opened in Amsterdam.
This translated and edited post previously appeared on FashionUnited.nl.