We have advised David Jarmon, the shareholder of Tara Jarmon, a French affordable luxury fashion brand, on its sale to the family office AMS Industries.
David and Tara Jarmon, founders of the accessible luxury womenswear brand Tara Jarmon, have sold a majority stake in the company to AMS Industries to accelerate its international development.
Founded in 1986 by David and Tara Jarmon, Tara Jarmon is a French womenswear brand positioned in the accessible luxury segment. The company operates a network of approximately 50 shops and 60 corners, in addition to having a presence in around 600 multibrand stores worldwide.
With sales exceeding €50m and a retail volume of €100m, Tara Jarmon plans to double its sales over the next five years.
AMS Industries, a family-owned industrial holding founded by Jean-Paul Bize, already owns several watchmaking and jewelry houses, including jeweler Poiray and cultured pearls brand Tecla. AMS Industries aims to create a small luxury group and is also active in the tourism, hotel, and energy sectors.
