SHARE

LVMH Takes Stake In Trendy International Group

L Capital Asia, the regional private investment arm of luxury group LVMH, is thought to have acquired a 10% stake in Trendy International Group, a Chinese fashion firm. Trendy International operates approximately 300 stores and franchises for its four brands.

Certification Note

Certified B Corporation” is a trademark licensed by B Lab, a private non-profit organization, to companies like ours that have successfully completed the B Impact Assessment (“BIA”) and therefore meet the requirements set by B Lab for social and environmental performance, accountability, and transparency. It is specified that B Lab is not a conformity assessment body as defined by Regulation (EU) No 765/2008, nor is it a national, European, or international standardization body as per Regulation (EU) No 1025/2012. The criteria of the BIA are distinct and independent from the harmonized standards resulting from ISO norms or other standardization bodies, and they are not ratified by national or European public institutions.