LVMH’s Investment in Aimé Leon Dore

Barack Ferrazzano advised LVMH Luxury Ventures in the deal.

LVMH Luxury Ventures acquired a minority stake in Aimé Leon Dore, a New York-based streetwear brand with a cult following. 

Under the terms of the deal, Aimé Leon Dore will continue to be based at its New York head headquarters, while LVMH Luxury Ventures will also offer support and guidance to the brand.

Established in Queens in 2014 by Teddy Santis, Aimé Leon Dore has gained a large following for its mainline collections and collaborations with brands, including Clarks, Drake’s and New Balance. The company’s clothing line and accessories have captured the attention of many fashion critics for their New York City-influenced design, in particular, the 1990s hip-hop scene and pick-up basketball culture.

The Barack Ferrazzano team was led by Fashion, Luxury & Retail Group chair Daniel L. Dominguez (Picture) and associate Kaitlyn E. Kelly, with additional support on Corporate matters from Brandon P. Knop and Will Cronin. Intellectual Property Group co-chair Scott J. Slavick and associate Nicole Chimienti assisted with intellectual property matters; Tax & Business Planning Group co-chair Michael J. Towne and associate Megan E. Toal provided guidance with respect to the tax aspects of the transaction; Compensation & Employment Group chair Andrew K. Strimaitis and partner Allison N. Powers advised on compensation, benefits and employment matters.

Involved fees earner: Nicole Chimienti – Barack Ferrazzano Kirschbaum & Nagelberg; Will Cronin – Barack Ferrazzano Kirschbaum & Nagelberg; Daniel Dominguez – Barack Ferrazzano Kirschbaum & Nagelberg; Kaitlyn Kelly – Barack Ferrazzano Kirschbaum & Nagelberg; Brandon Knop – Barack Ferrazzano Kirschbaum & Nagelberg; Allison Powers – Barack Ferrazzano Kirschbaum & Nagelberg; Scott Slavick – Barack Ferrazzano Kirschbaum & Nagelberg; Andrew Strimaitis – Barack Ferrazzano Kirschbaum & Nagelberg; Megan Toal – Barack Ferrazzano Kirschbaum & Nagelberg; Michael Towne – Barack Ferrazzano Kirschbaum & Nagelberg;

Law Firms: Barack Ferrazzano Kirschbaum & Nagelberg;

Clients: LVMH Luxury Ventures;