SINGAPORE-ASIA=FRANCE-RETAIL-LUXURY-COMPANY

SINGAPORE-ASIA=FRANCE-RETAIL-LUXURY-COMPANY

To go with Asia-France-retail-luxury-company by Bernice Han This photo taken on May 2, 2001 shows two women looking at a Louis Vuiton luxury handbag displayed at the retail store window showcase in Singapore. A $650-million private equity fund backed by the world's top luxury retailer LVMH is on the prowl for emerging Asian brands to transform them into global names. Called L Capital Asia, the fund has so far invested a combined $90 million for minority stakes in two Singaporean companies and Hong Kong-listed Emperor Watch and Jewellery..AFP PHOTO/ROSLAN RAHMAN / AFP PHOTO / ROSLAN RAHMAN

December 8, 2017 2:56 PM (UTC+8)