L Catterton Asia will purchase 10% stake in Future Lifestyle Fashions (FLFL), for an undisclosed sum.

In a regulatory filing FLFL stated that, the acquisition will be done via a mix of preferential allotment and secondary purchase of shares.

It further stated, “L Catterton Asia’s significant investment in FLFL will enable FLFL’s retail formats, Central and Brand Factory, and own brands to leverage the global fashion and retail expertise of L Catterton to further strengthen and expand the business.”

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