If you’re a fashion enthusiast, you’ve likely heard of Moreau Paris – a luxury leather goods brand that creates some of the most exquisite handbags and accessories. But have you ever wondered who owns this iconic French brand? In this article, we’ll delve into the history and ownership of Moreau Paris.
The History of Moreau Paris
Moreau Paris was founded in 1882 by Jérôme Moreau, who was a master craftsman in leather goods. The brand quickly gained popularity for its high-quality leather products and innovative designs. Over the years, Moreau Paris has been associated with luxury and elegance, attracting clients such as royalty, celebrities, and fashion icons.
The Acquisition of Moreau Paris
In 2011, the brand was acquired by Fung Brands Limited – a Hong Kong-based investment company that specializes in acquiring luxury fashion brands. Fung Brands Limited is part of the Fung Group – a multinational conglomerate that has interests in various sectors such as logistics, retail, and trading.
The Fung Group
The Fung Group was founded in 1906 by Fung Pak-liu in Guangzhou, China. The company initially started as a small shop selling porcelain and silk products but later expanded into other areas such as trading and logistics. Today, the Fung Group is one of Asia’s largest privately held companies with operations in over 40 countries.
Fung Brands Limited
Fung Brands Limited was established in 2009 to manage the group’s investments in luxury fashion brands. The company’s portfolio includes several renowned brands such as Sonia Rykiel, Delvaux, Bally, and Cerruti 1881.
The Future of Moreau Paris
Under the ownership of Fung Brands Limited, Moreau Paris has continued to thrive as a luxury brand. The company has expanded its product line to include new designs and materials while still maintaining the high standards of quality that it’s known for.
The Moreau Paris Brand Today
Moreau Paris continues to be one of the most coveted luxury brands in the world, with its products being sold in high-end boutiques and department stores globally. The brand’s handbags, in particular, have become a favorite among fashion enthusiasts for their timeless elegance and exceptional craftsmanship.
- In conclusion, Moreau Paris is currently owned by Fung Brands Limited – an investment company that specializes in luxury fashion brands. The brand’s acquisition has allowed it to expand its product line while maintaining its reputation for quality and elegance.
Whether you’re a fan of Moreau Paris or just curious about the ownership of luxury brands, we hope this article has provided you with valuable insights into the history and ownership of this iconic French brand.