![]() ![]() They show awareness of the inequalities that exist and do their part to level the playing field. Fifteen years later, in 2011, LVMH, through its private equity arm, L Capital Asia, acquired a 20-percent stake in Charles & Keith, an investment reportedly worth over 30 million, valuing the. “However, it is also heartening to witness those who have called out the ignorance of people who shamed this teenager. They can’t imagine what it is like for peers to grow up in a low-to-middle income background. She added: “This incident highlights the blind spot of people who grew up with privilege and take it for granted. But Topshop was already beyond what I could afford.” One netizen commented that it is not branded and ‘high street at most’. She said: “When I was young, one thing on my wishlist on my blog was ‘Branded clothes like Topshop’. Many netizens said this viral episode highlights the ignorance of the privileged in Singapore.įundraiser Ivy Wong, 31, said it reminded her of a similar experience from her past. Don’t you wish you were in Charles and Keith’s shoes 5. Beyond footwear, the brand included bags and accessories to keep up with the evolving fashion industry, and later launched Pedro as a footwear line for men. Brand association The brothers, according to media accounts, were said to have been reluctant to give in to LVMH’s months-long courtship. Youngest brother Kelvin is in charge of bags and accessories. ![]() In 2011, French luxury giant LVMH acquired 20 per cent of the company, but the brothers have since bought back the stake. In 1996, the first Charles and Keith store opened at Amara Shopping Centre. The artistic Keith is the chief operating officer who’s also in charge of the creative team. Starting out as a humble outlet at the former Amara Shopping Centre, the brand morphed into a household name not long after, growing to more than 600 stores and employing about 4,000 people worldwide.
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