The Wertheimer brothers, via their family office Mousse Partners, and Francoise Bettencourt Meyers' Tethys Invest have secured a minority stake in The Row, raising its valuation to approximately $1 billion.
Founded by Mary-Kate and Ashley Olsen, The Row has become a prominent name in quiet luxury, with their collections showcased during Paris fashion weeks and leather handbags priced around $7,000.
The investment interests of Mousse and Tethys reflect a trend where traditional luxury groups are diversifying into fashion labels, bringing both financial strength and brand heritage.
The Olsen sisters will maintain majority ownership in The Row, ensuring the brand's vision remains aligned with its founders despite the influx of new investors.
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