Cathay ups stake in Juliette Has a Gun

Cathay ups stake in Juliette Has a Gun

THE WHAT? Juliette Has a Gun has announced that it is reorganising its shareholding structure with existing investor, Cathay Capital increasing its stake and new investor, Weinberg Capital Partners, joining the fold. Financial terms were not disclosed.

THE DETAILS The brand has experienced soaring growth over the last two years, tripling turnover for a retail sales value of €120 million in 2022.

THE WHY? The brand said that the support would help it to consolidate its presence in key geographies in the US, China and Middle East as well as advance development in Latin America and Southeast Asian markets.

Romano Ricci, Founder of Juliette Has a Gun, explains, “Juliette has a gun gained significant audience over the last years, especially among young women who are now looking for more originality and a real quality experience to mark their singularity. Juliette has a gun’s clients identify themselves to our elegant, modern and feminist essence. We would like to thank the Cathay team for their continued support and trust and are delighted to pursue our collaboration, and warmly welcome Weinberg Capital Partners. We are convinced that their combined expertise will take the brand to the next stage.”