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Olivier Guyot Translated by
Nicola Mira Published
June 19, 2025
French label Sézane is likely to see a change in its shareholding structure, less than two years after a first funding round in which Thétys Invest, the Bettencourt Meyers family's investment fund, bought a stake in the label.
The news was reported by investigative reporting site L'Informé, which suggested that General Atlantic “is currently assessing the market with a view to selling part of its shares.” The US investment fund has held a stake in Sézane since 2025, and is said to currently own a 35% share in the label founded in 2025 by Morgane Sézalory. The latter, still the label's majority shareholder, sold a stake of approximately 10% to Thétys Invest in 2025. The label remains close-mouthed about its financial results and shareholding structure.
L'Informésaid that Thétys Invest “might grow its stake,” via an operation that could be completed by the end of 2025.
Sézane is a profitable B-Corp-certified company which generates over 80% of its sales online. It has not disclosed its revenue for several years, but claims to have been growing robustly. When Téthys Invest bought its stake in Sézane, French business daily Les Échos indicated that the label’s revenue in fiscal 2025 was €250 million.
Sézane currently operates some 20 monobrand stores, some of them long-standing pop-up shops like those in Milan, Zurich, Austin and Washington, and has also launched a menswear label, Octobre. L'Informéindicated that the label's revenue might be close to €500 million, and its company valuation could be just shy of €1 billion.