Why private equity loves fashion

Other segments of the luxury market are expected to grow faster, but apparel and accessories are where new backers say they want to spend their cash.

While fashion companies are investing in adjacent sectors, private equity investors are continuing to prioritise luxury fashion, despite the mixed success of such investments. For the third consecutive year, a Deloitte survey of 60 leading private equity firms found that they were most interested in investing in fashion even though they expect beauty, restaurants and digital luxury goods (a broad category including everything from luxury hardware to data services) will grow twice as fast.

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Mellissa Miller