Source: Bloomberg
Summary
A luxury sneakers brand is reportedly in talks with a Gulf Region-based investor to sell a 10% stake in the company, according to local media reports.
Our Reading
The trend returns with a new name.
A 10% stake in a luxury sneakers brand is on the table. The Gulf Region’s investor appetite is nothing new. Luxury fashion brands continue to attract investors. The sneakers market keeps growing. The look feels familiar: luxury fashion meets investor interest.
Author: Evan Null
