Sequoia Capital to acquire a majority stake in Ami Paris.

Sequoia Capital, a venture capital firm, agreed to acquire a majority stake in Ami Paris, a 10-year-old fashion brand. Financial terms were not disclosed. “We are thrilled to partner with Ami under the leadership of Alexandre Mattiussi, one of the leading designer brands with global market presence, strong culture of creativity, and passion for digitalization,” Neil Shen, Sequoia Capital China Founding and Managing Partner.