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

      Promotion to Champ could be worth millions as Blackheath fight to go up

      Getty Images logo displayed on a digital screen, symbolizing global media and visual storytelling in news and business sec...

      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

      Promotion to Champ could be worth millions as Blackheath fight to go up

      Getty Images logo displayed on a digital screen, symbolizing global media and visual storytelling in news and business sec...

      Submit a story

      Tell us your story.

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

      Polestar 3: Swedish electric SUV delivers premium performance

      Polestar 3 electric SUV in sleek urban setting showcasing modern design and advanced technology features

      Submit a story

      Tell us your story.

      Submit
  • Investec
  • Events
  • Newsletters
  • Latest Paper
  • ISA Guide
  • 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

  • Bank of England says quantitative easing programme to cost taxpayer £125bn

  • Grosvenor estate: Ministers don’t get ‘basic economics’

  • KPMG faces staff uproar as job cuts expose communication breakdown

  • New London rooftop bar will be biggest ever with 1,000 capacity

  • Supermarkets round on Aldi and Lidl over ‘rigged’ system

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
  • City AM Puzzles

Follow us for breaking news and latest updates

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