Aimé Leon Dore has become one of the hottest brands as it bridges menswear and streetwear, and now it has the backing of the largest luxury conglomerate in the world.
LVMH — the corporation behind Louis Vuitton, Christian Dior, Off-White, and more — has acquired a minority stake in the Queens-born brand founded in 2014. Terms of the deal haven’t been disclosed, including how much LVMH paid and what percentage of Aimé Leon Dore it now owns, but The Fashion Law reports similar investments typically come in the range of $2 million to $17 million.
