{"id":163832,"date":"2021-01-07T10:57:06","date_gmt":"2021-01-07T10:57:06","guid":{"rendered":"https:\/\/www.theindustry.fashion\/ami-partners-with-investment-firm-sequoia-capital-china\/"},"modified":"2021-08-06T12:09:46","modified_gmt":"2021-08-06T12:09:46","slug":"ami-partners-with-investment-firm-sequoia-capital-china","status":"publish","type":"post","link":"https:\/\/www.theindustry.fashion\/ami-partners-with-investment-firm-sequoia-capital-china\/","title":{"rendered":"AMI partners with investment firm Sequoia Capital China"},"content":{"rendered":"<p>Alexandre Mattiussi\u2019s luxury men\u2019s fashion brand AMI has partnered with leading investment firm Sequoia Capital China to<strong> accelerate the brand\u2019s long-term global expansion and digital reach.<\/strong><\/p>\n<p><!--more--><\/p>\n<p>The amount of investment made or the size of the stake acquired by Sequoia Capital China has not been revealed, though AMI is <strong>expected to register a consolidated turnover of more than \u20ac50m (\u00a345m) in 2020,<\/strong> marking a +50% year-on-year growth.<\/p>\n<p><strong>AMI President and Artistic Director Alexandre\u00a0Mattiussi will maintain the same creative role<\/strong> \u201cwith absolute artistic independence,\u201d while<strong> CEO Nicolas Santi-Weil will remain in charge<\/strong> of the overall business, which was founded in Paris in 2011.<\/p>\n<p>Santi-Weil said: \u201cWe are very\u00a0proud\u00a0to welcome such a strong and visionary ally and to write\u00a0together\u00a0this new chapter of AMI\u2019s journey.\u00a0<strong>Combining\u00a0Sequoia Capital China\u2019s\u00a0global reach and digital knowledge with AMI\u2019s creativity and energy<\/strong> will\u00a0undoubtedly\u00a0create an exciting cocktail.<\/p>\n<p>\u201cAlexandre and I\u00a0have been<strong> convinced by\u00a0their determination to back\u00a0us as\u00a0entrepreneurs,<\/strong> while understanding and respecting\u00a0the\u00a0core\u00a0values\u00a0that define\u00a0us.\u201d<\/p>\n<p>Neil Shen, Founding and Managing Partner of Sequoia Capital China, added:\u00a0\u201cThe partnership presents<strong> another milestone in our journey with world\u2019s leading companies in luxury retail industry<\/strong> to help their vision in accelerating the digital transformation and penetration in local markets to the next level.\u201d<\/p>\n<p>Geographically well-balanced, AMI\u2019s leading markets include the US, France, UK, Italy, Germany, China and South Korea.<\/p>\n<p><a href=\"https:\/\/www.theindustry.fashion\/subscribe-now\/\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-144088 size-full\" src=\"https:\/\/www.theindustry.fashion\/wp-content\/uploads\/Daily-Newsletter-Banner.png\" alt=\"Newsletter banner\" width=\"1680\" height=\"268\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":155499,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[10488,9763,10585,6],"tags":[10289,10170,16962,16961],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - 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