LVMH Luxury Ventures is expanding its portfolio as the investing branch of the French luxury label has acquired a minority stake in Aimé Leon Dore.
Founded in 2014 by Teddy Santis, the streetwear brand based in Queens has evolved into a powerhouse in the streetwear and fashion world with collaborations ranging from New Balance, Drake’s, Porsche, Clarks, and others. Santis, ALD’s founder & creative director, was named creative director of New Balance’s “Made in USA” line in 2021.
Aimé Leon Dore, which is revered for its timeless designs with contemporary elements through premium materials, has amassed a following beyond just streetwear and fashion tastemakers as the brand’s influence and designs have trickled down niche’s and the public appeal alike.
Aimé Leon Dore will continue to operate independently out of its NYC offices while receiving support and guidance from LVMH, according to Business of Fashion.
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