Ami Takes On Chinese Investor

Alexandre Mattiussi has new friends in Beijing: Sequoia Capital China has taken a majority stake in his 10-year-old fashion brand Ami Paris, WWD has learned.

Financial terms were not disclosed, but the partners said the objective is to expand Ami’s approachable, nonchalant fashions in the digital realm and with stores in new markets.

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Disclosing the transaction exclusively to WWD, Ami chief executive officer Nicolas Santi-Weil said the goal was to find a partner that could help take the business to the next level while respecting its creative DNA and entrepreneurial spirit.

He lauded Sequoia’s knowledge of

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