![]() ![]() ![]() ![]() The latter’s private equity fund, L Capital Asia, bought the stake for SGD 30M (USD 23.5M) with a valuation of about SGD 200M (USD 158M). LVMH owns numerous top fashion labels, including Marc Jacobs, Dior and Givenchy, which are all luxury brands. Homegrown shoe brand Charles & Keith is now 20 owned by French luxury house Louis Vuitton Moet Hennessy (LVMH). By 2013, the company had grown into an international chain with close to 400 outlets. Established in 1996 by brothers Charles and Keith Wong, Charles & Keith started out as a shoe store in Amara Shopping Centre. Armenia Australia AU $ Austria EU € Azerbaijan Bahrain BHD Belgium EU € Brunei Bulgaria EU € Cambodia US $ Canada CAD China / 中国 ¥ Croatia EU € Czech Republic EU € Denmark EU € Egypt Estonia EU € Finland EU € France (EN) EU € France (FR) EU € Georgia Germany EU € Greece EU € 香港特別行政區 HK $ Hong Kong SAR HK $ Hungary EU € India INR ₹ Indonesia (EN) ID IDR Indonesia (ID) ID IDR Iran Ireland EU € Israel IL ₪ Italy EU € Japan /日本 ¥ Jordan Kazakhstan Kuwait KW KWD Latvia EU € Lebanon Libya Lithuania EU € Luxembourg EU € 澳門特別行政區 HK $ Macau SAR HK $ Malaysia MY RM Malta EU € Mauritius Mexico MX Mex$ Mongolia Morocco Myanmar Netherlands EU € New Zealand NZ $ Norway Oman OMR Pakistan Panama US $ Philippines PH ₱ Poland EU € Portugal EU € Qatar QAR Romania EU € Saudi Arabia (EN) SR ﷼ ريال سعودي (ر. In 2011, Charles and Keith Wong, founders of Charles and Keith, sold a 20 per cent stake to Louis Vuitton Moet Hennessy (LVMH) private equity arm, L Capital Asia, for more than US30 million. Charles & Keith is a Singapore brand known for its women’s footwear and accessories. Jan 12, 2023, 9:57 PM SGT SINGAPORE The teen who was shamed online for calling Charles & Keith a luxury brand on TikTok is having the last laugh. ![]()
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