As growth momentum fades, is Jacquemus seeking investment?

French fashion label Jacquemus last week established its first permanent US presence with a flagship store in New York's Soho district, a strategic move that coincides with reports of the brand seeking minority investment. The 2,906-square-metre location represents a significant commitment to the American market, even as the independently-owned label grapples with projected sales declines of 15-20 percent in the current fiscal year, according to Paris-based fashion news outlet Miss Tweed.