27-05-2025
Jacquemus' New Holdings Company Is Worth More Than $500 Million USD
After inking aboat shoe collabwith Timberland, dropping abanana-filled campaignwith Jon Gries, opening upnew boutiquesacross New York, London, and Los Angeles,andventuringinto beauty with L'Oréal,Jacquemusis taking all of its business matters in-house with its very own holdings company, Jacquemus La Maison Mère.
Established in March and chaired by designerSimon Porte Jacquemus, the Paris-based company presently operates two branches: Jacquemus La Mode, or the label's ready-to-wear business valued at €530 million EUR, and Jacquemus La Beauté, or the brand's beauty line valued at €46.1 million EUR, perFashion Network. The entity holds 98.15% of the former and 100% of the latter, which, together, are valued at €576.1 million EUR.
Jacquemusenteredits exclusive beauty partnership with L'Oréal in February, at which time the French cosmetics conglomerate announced it had acquired a 10% minority stake in the company to support 'its independent development.' The following month, JacquemusappointedSarah Benady, previously president of Celine North America, as its new chief executive officer to lead the company toward '[becoming] a leading global luxury house.'
