The Service of the Commission for the Protection of Competition has received a notification of a concentration, according to Section 10 (4) of the Control of Concentrations between Enterprises Law of 2014, concerning the acquisition of part of the share capital of Anin Star Holding Ltd by LVMH MOET HENNESSY – LOUIS VUITTON.
LVMH MOET HENNESSY – LOUIS VUITTON is a company duly registered under the laws of France and it is the holding company of famous group that is active in the production and sale of luxury items through a portfolio that includes more than 70 luxury brands and more than 4,590 points of sale worldwide.
ANIN STAR HOLDING LIMITED is the Target in this transaction and is new holding company, parent of Stella McCartney group. It has the 100% of Stella McCartney Ltd and Luxury Fashion Luxembourg SA, which wholly owns the other companies in the group. The Company is 100% owned and controlled by Ms. Stella McCartney.
Mrs Stella McCartney, is the owner of the Stella McCartney Group, a British fashion designer who started her own fashion house under her name in 2001. She is creative director and ambassador of the fashion house and other companies.
The Stella McCartney group is a luxury fashion house, with fifty-nine freestanding stores (including four "outlets") worldwide and its collections are distributed in seventy-seven countries. The brand offers women's and men's ready-to-wear shoes, bags and children's clothing. It has also developed, under licensing, optics, lingerie, swimwear and perfumes as well as sportswear under a long-standing partnership with Adidas.