{"id":215172,"date":"2022-09-05T09:33:30","date_gmt":"2022-09-05T08:33:30","guid":{"rendered":"https:\/\/www.theindustry.fashion\/?p=215172"},"modified":"2022-09-05T17:11:47","modified_gmt":"2022-09-05T16:11:47","slug":"sezane-receives-backing-from-loreal-founding-family-fund-tethys-invest","status":"publish","type":"post","link":"https:\/\/www.theindustry.fashion\/sezane-receives-backing-from-loreal-founding-family-fund-tethys-invest\/","title":{"rendered":"S\u00e9zane receives backing from L'Or\u00e9al founding family fund T\u00e9thys Invest"},"content":{"rendered":"
S\u00e9zane, the sustainable French contemporary fashion brand, has secured financial backing from the\u00a0L'Or\u00e9al founding family's fund\u00a0T\u00e9thys Invest,<\/strong> which has taken a minority stake in the business.<\/p>\n <\/p>\n T\u00e9thys Invest is a subsidiary of T\u00e9thys, which is the majority shareholder of the global beauty conglomerate L'Or\u00e9al. The investment fund was established in 2016 by Fran\u00e7oise Bettencourt Meyers (the granddaughter of the founder of L'Or\u00e9al and said to be the richest woman in the world) and Jean-Pierre Meyers to enable the family to support entrepreneurial businesses with\u00a0S\u00e9zane marking its first move into fashion.<\/p>\n