Luxury Stores Investment
Founded : 1988
Activities : Services in this class associated with the selling of luxury products. Business organizing, structuring and management consultation services; commercial and industrial management assistance; business investigations; corporate public relations services, real estate and personal property appraisal services; financial investment, management and advisory services; capital investment consultation services
Parent Company : Orcofi Holdings
Stockists : International
Origin : 70 Avenue des Champs Élysées, 75008 Paris, France
LSI Luxury Stores Investment, prior to acquisition by Grand Metropolitan, was the outside investment arm of Orcofi Holdings. LSI specifically engages in acquisition of shares and funding in all companies active in the field of luxury goods, investments in moveable and immovable, acquisition, sale and administration buildings; management of shareholdings and other property.
Orcofi Holdings, the French fashion house, originally founded by Louis Vuitton family patriarch and former Chairman/CEO of LVMH Louis Vuitton-Moet Hennessey Henry Racamier, well established in haute couture, specializing in luxury goods (haute couture, ready-to-wear, handbags, perfumery, and cosmetics among others).
The original holding company joined the French banking group Paribas and the French cosmetics giant L’Oréal in buying the Lanvin fashion house. Between 1989 and 1991, Orcofi established an impressive portfolio in the luxury sector.
They acquired leather conglomerate Andrelux Industries (Bohata et Cie, Lorenzo, Soco, Upla, and Le Tanneur), French trunk maker Moynat, a heritage company founded in 1849, the luxury grocer Hédiard, Cristalleries Daum, Philippe Model (the French fashion shoe and accessories designer), the young signature ready-to-wear Ines de la Fressange and Paris’ oldest couture house, Lanvin.
Luxury Stores Investment focus is on publicly-held companies participating in the luxury market sectors including furniture, jewelry, liquor, tobacco, and fashion.