All NewsEducationTV
Equities & FundsCrypto & Digital AssetsAI & TechnologyBusiness & CorporateUS Politics & PolicyGeopolitics & Global RiskMacro, Rates & FXCommodities & EnergyEuropean Politics & MarketsAsia-PacificReal Estate & Property
All NewsHome
← Back to Business & Corporate

Mbappe-backed Loewe to open store in Harrods

Created at 19 Aug · 8:05 AM1 source↑ Market-relevant
IN SHORT

German technology firm Loewe, which counts Kylian Mbappe's family office as a minority stakeholder, is set to open a store at London's Harrods department store this week. The move is part of Loewe's international growth strategy and ambition to be present in prestigious luxury destinations.

Key Numbers

10 per centMbappe's family office stake in Loewe

Who's Involved

Kylian Mbappe
Minority stakeholder in Loewe and brand ambassador
Loewe
German technology firm specializing in TVs, speakers, and coffee machines
Harrods
London department store hosting the new Loewe store
Aslan Khabliev
Chief executive of Loewe
Coalition Capital
Mbappe's family office vehicle that invested in Loewe
Mbappe-backed Loewe to open store in Harrods

↳ Why This Matters

The expansion of a brand backed by a global sports icon into a prestigious retail location like Harrods highlights the intersection of celebrity endorsement, luxury goods, and international market strategy.

Key facts

  • German technology firm Loewe, backed by Kylian Mbappe's family office, will open a store at Harrods.
  • Mbappe's Coalition Capital acquired a minority stake of around 10% in Loewe in 2024.
  • The move is intended to expand Loewe's footprint in prestigious luxury destinations.
  • Loewe specializes in TVs and also offers speakers and coffee machines.
  • German technology firm Loewe, which has Kylian Mbappe as a minority shareholder through his family office, is set to open a store at the renowned London department store Harrods this week. This expansion into one of the world's most prestigious luxury destinations is described by Loewe's CEO, Aslan Khabliev, as a significant milestone in the company's international growth.

    Loewe, known for its televisions, has also ventured into product lines such as speakers and coffee machines, with Mbappe serving as a brand ambassador for these collaborations. The investment by Mbappe's Coalition Capital vehicle, which acquired approximately 10% of the firm in 2024, underscores the brand's strategy to create meaningful experiences through carefully selected partnerships.

    Khabliev emphasized that Harrods is the ideal location for this next phase of Loewe's development, aligning with the brand's vision to be present in globally recognized luxury markets. The move follows a trend of luxury brands like Dior, Burberry, Prada, and Tiffany & Co. utilizing pop-up spaces in Harrods to enhance their reach and customer engagement.

    Frequently asked questions

    Loewe is a German technology firm that specializes in televisions and has expanded into product lines such as speakers and coffee machines.

    Kylian Mbappe, through his family office Coalition Capital, is a minority stakeholder in Loewe, holding approximately 10% of the firm. He also serves as a brand ambassador.

    The opening is part of Loewe's strategy for international growth and its ambition to establish the brand within prestigious luxury destinations worldwide.

    What Happens Next

    01Loewe will open its new store at Harrods this week.

    How It Developed

    Kylian Mbappe's family office became a minority stakeholder in German technology firm Loewe in 2024.
    Loewe will open a store at London department store Harrods this week.
    The move is part of Loewe's international growth strategy and ambition to establish itself in luxury destinations.
    Loewe specializes in TVs and has partnered with Mbappe on a range of speakers and coffee machines.

    Sources

    T1
    Mbappe-backed brand set for London store in HarrodsCity AM

    Related Stories

    Marex inks £25m front-of-shirt deal with Nottingham Forest
    18 Aug · 1:06 PM
    Pocari Sweat maker eyes US, Europe heat waves for sales expansion
    18 Aug · 5:56 PM
    Incoming FRC Chair sits on board of firm facing UAE criminal probe
    19 Aug · 7:56 AM
    Munich Re to acquire US cyber insurance provider At-Bay for $575 million
    19 Aug · 7:31 AM
    Angling Direct sales rise despite UK drought
    19 Aug · 7:41 AM