Revealed
December 6, 2024
Non-public fairness fund Halcyon Fairness Companions has made a strategic funding in Zeus+Δione, the Greek way of life model helmed by designer Marios Schwab. Phrases of the operation weren’t revealed, although a joint assertion from each events famous that Halcyon Fairness Companions has property below administration of greater than €180 million at closing closing.
Dimitra Kolotoura and Eleni Bathianaki – Zeus+Δione
Based in 2013, Zeus+Δione was established as an genuine “heritage” model. It retails a various vary of merchandise, together with attire, equipment, swimwear, footwear, jewellery, and a not too long ago launched homeware assortment. Its design aim is to “emulsify contemporary design with the revival of traditional craftsmanship, local production, and minimalist aesthetics.” Drawing inspiration from Greek mythology, historical past, and the humanities, it honors its cultural roots whereas embracing modernity. Zeus+Δione garnered worldwide consideration with the 2021 appointment of acclaimed designer Marios Schwab as Inventive Director. He has additional refined and elevated the model’s design ethos.
Schwab first gained recognition in 2005 with an early runway show in Style East, London’s greatest incubator present, happening to be named Greatest New Designer within the British Style Awards in 2006. His personal private designs have been worn by Kate Moss, Thandie Newton, Kylie Minogue and Chloe Sevigny. “The foundation of Zeus+Δione was built on our love for Greek heritage and the desire to showcase it through contemporary, high-quality creations. We share common values with Halcyon Equity Partners, such as integrity, authenticity, sustainability, and innovation,” said Dimitra Kolotoura, co-founder and CEO of Zeus+Δione. “With this strategic partnership, we co-create a vision to elevate Greek creativity to the global forefront while expanding our international reach, staying true to the values that define us,” added Kolotoura, who assumed sole management of the corporate in 2020. Halcyon Fairness Companions’ funding is meant to propel Zeus+Δione’s international enlargement by the strategic institution of bodily areas on a world scale; and to strengthen its on-line and omni-channel presence. At the moment, in response to its web site, the model retails in over 50 worldwide stockists on six continents, together with such status shops as Harrods, Harvey Nichols, Saks Fifth Avenue, Bulgari Resort, Joseph, Volver and Le Bon Marché. Halcyon Fairness Companions is a fund that focuses on Greek mature scale-up and progress firms with aggressive enterprise fashions, sturdy management groups, and substantial progress potential.
