Cathay Capital has increased its stake and Weinberg Capital Partners has taken a minority share in the French niche perfume brand.
Juliette Has a Gun was founded in 2005 by Romano Ricci, a great-grandson of Nina Ricci. At the outset, his goal was to create “something closer to women’s daily lives.”
Over the last four years, Juliette Has a Gun’s sales have grown on average by 40 percent annually, tripling turnover over the last two years to generate 120 million euros in retail sales in 2022. “We have been very impressed with the transformation of Juliette Has a Gun over the last three years and the implication of its expert teams and management, which have led them to a real success story,” said Edouard Moinet, a partner at Cathay Capital.
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