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LVMH Luxury Ventures Takes Minority Stake in BDK Parfums

The funding will accelerate international retail expansion starting with a planned Dubai flagship in 2026.

Overview

  • Financial terms were not disclosed in the companies’ announcement.
  • The deal marks BDK Parfums’ first external financing and keeps creative and operational control with founder David Benedek.
  • Capital will support flagship openings and wider distribution from 2026, with Dubai expected first, alongside investment in digital channels and team growth.
  • BDK reports sales up roughly 45 percent year over year and a presence in about 45 countries, with France, the United States and Germany as top markets.
  • Production will remain in France and the brand continues collaborations with perfumers including Dominique Ropion and Anne Flipo, as it joins LLV’s portfolio alongside Our Legacy, Gabriela Hearst and Molli.