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Kapital, a 30-year-old Japanese brand known for handcrafted and elevated denim, has recently taken majority investment from the LVMH-affiliated PE firm L Catterton.
Neither party officially announced the deal; the investment became widely known only after users on Reddit noticed L Catterton had added Kapital to a website listing brands in which it has a majority interest. Highsnobiety then reported on the deal, which appears to have taken place last year.
Kapital’s new majority stakeholder…
