Skip to content
City AM
Main navigation
Download free app
  • News
    • News
      • Latest Business News
      • Economics
      • Politics
      • Banking
      • FTSE 100 Live
      • Tech
      • Retail
      • Insurance
      • Legal
      • Property
      • Transport
      • Markets
    • From our partners
      • Abu Dhabi Finance Week
      • AON
      • Bayes Business School
      • City of London BIDs
      • Central London Alliance CIC
      • Destination City
      • Halkin
      • Hercules
      • Olympia
      • Inside Saudi
      • Tottenham Hotspur Stadium
      • Santander X
      • YEAR SIX Dividend
    • Featured

      Bank of England could raise interest rates over Iran energy price shock

      Andrew Bailey and his colleagues at the Bank of England are expected to vote for an interest rate cut this Thursday.

      Submit a story

      Tell us your story.

      Submit
  • Opinion
  • Sport
    • Latest Sports News
      • Sport
      • Sport Business
      • The Punter
    • From our partners
      • The Morning Briefing: SBS x City AM
      • Aramco Team Series
      • LIV Golf
    • Featured

      Williams F1 ‘competing with top 50 teams in sport’, says Kenyon

      Alex Albon exits Formula 1 garage, wearing racing suit, surrounded by team members at busy pit lane during race weekend.

      Submit a story

      Tell us your story.

      Submit
  • Life&Style
    • Life&Style
      • Life&Style
      • New Openings
      • Toast the City Awards
      • The Magazine
      • Travel
      • Culture
      • Motoring
      • Wellness
      • The RED BULLETiN
      • Do it with Shared Ownership
      • Media Speak Hub
    • Featured

      The 11 best pies in London to eat during British Pie Week

      Freshly baked pie with golden crust on a wooden table, highlighting culinary craftsmanship in a general news article context

      Submit a story

      Tell us your story.

      Submit
  • Investec
  • City AM Events
  • Newsletters
  • Latest Paper
  • Sign In
  • Sign Out
  • My Account

L Catterton

  • Dishoom served huge valuation after founders sell stake

    hospitality

    Dishoom has been valued in the region of £300m after striking an investment deal with a firm backed by LVMH. The restaurant chain has agreed a deal for an undisclosed sum with US-based L Catterton in a move which will see founders Shamil Thakrar and Kavi Thakrar dilute their stakes. Both co-founders are expected to [...]

    Dishoom founders Kavi Thakrar and Shamil Thakrar.
  • LVMH-backed L Catterton, the new owner of Bicester Village is one of the world’s biggest retail investors

    retail

    Silver Bidco, a newly-formed Jersey-based vehicle of L Catterton, has bought Hammerson's stake in Value Retail, the owner of Bicester Village.

    Luxury firms like LVMH have been hit by a slowdown in the last few months after poor growth in key market China and the cost-of-living crisis in Western countries

Trending Articles

  • Brewdog bought by US cannabis giant in £33m deal

  • UK firms deliberately halting growth to dodge VAT

  • Ex Goldman chief: I smell another financial crisis

  • Spring Statement Live: UK growth cut for 2026 but Reeves touts future forecasts

  • Why Nike’s split with Raducanu is a conscious uncoupling

Subscribe

Subscribe to the City AM newsletter to have our top stories delivered directly to your inbox.

Subscribe
  • Got a story?
  • About City AM
  • Careers
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy
  • News
  • Markets & Economics
  • Politics
  • Opinion
  • Life&Style
  • Personal Finance
  • City AM Events
  • City Winners
  • The Punter
  • Casino

Follow us for breaking news and latest updates

  • Facebook
  • X
  • Instagram
  • LinkedIn
  • Newsletters
  • Advertising
  • About
  • Licensing
Copyright 2026 City AM Limited