LVMH Luxury Ventures, a subsidiary of the esteemed French luxury group LVMH, has made a strategic move by investing in streetwear brand Aimé Leon Dore. This investment marks LVMH’s foray into the lucrative streetwear market as it looks to expand its already impressive portfolio of brands.

Founded by Teddy Santis in 2014 in Queens, New York, Aimé Leon Dore has gained a strong reputation for its blend of street style and retro-chic. The brand has resonated with consumers through its dedication to producing authentic and high-quality products at accessible price points. Teddy Santis himself, who was recently appointed as the creative director of New Balance’s Made in USA line, has been making waves in the New York fashion scene with notable collaborations with renowned brands such as Kith, Puma, and Timberland, among others.

In a press release, Aimé Leon Dore confirmed the minority stake investment from LVMH Luxury Ventures. Despite the investment, the brand will continue to operate independently from its New York office, leveraging the support and resources of LVMH Luxury Ventures to accelerate its expansion plans.

Teddy Santis expressed great excitement about the partnership, highlighting LVMH’s extensive network of industry leaders and its proven track record of nurturing exceptional brands. He believes that this collaboration will provide unique opportunities for Aimé Leon Dore’s growth.

Aimé Leon Dore now joins the impressive portfolio of brands under LVMH Luxury Ventures, which includes Hodinkee watches, the Stadium Goods marketplace, and Gabriela Hearst, another rising star in the New York fashion scene.

This investment firmly establishes LVMH Luxury Ventures as a key investor in emerging brands with considerable potential. The move into the streetwear market demonstrates LVMH’s recognition of the increasing popularity and influence of streetwear in the fashion industry. By investing in Aimé Leon Dore, LVMH showcases its commitment to staying ahead of trends and expanding its presence in all sectors of the luxury market.

The partnership between LVMH and Aimé Leon Dore is expected to bring mutual benefits. LVMH will provide the brand with valuable resources and expertise to support its growth, while Aimé Leon Dore contributes its unique aesthetic and streetwear appeal to LVMH’s diverse brand portfolio. It will certainly be fascinating to witness how this collaboration unfolds and how Aimé Leon Dore’s expansion plans progress with the backing of LVMH Luxury Ventures.

> Useful links:
> 1. [Aimé Leon Dore’s Official Website](https://www.aimeleondore.com/)
> 2. [LVMH Luxury Ventures’ Website](https://www.luxuryventures.com/)