LVMH Luxury Ventures completed the investment in Db Equipment.

LVMH Luxury Ventures, an investment company, completed the investment in Db Equipment, the Scandinavian luggage and backpack brand. Financial terms were not disclosed. “Receiving backing from LLV is a huge milestone for us. While Db will stay authentic to its core communities in snow, surf and skate, LLV’s global perspective, credibility and strategic knowledge makes this a perfect fit for our vision of what the brand can become,” Richard Collier, Db CEO.