China’s Fosun International and Qatar’s Mayhoola, which owns Valentino and Balmain, are competing to inject capital into Lanvin and buy control as France’s oldest fashion house looks set to run out of cash as early as...
Italian fashion house Valentino aims to sell around a quarter of the company in an initial public offering (IPO) which will not take place before the second half of 2018, a source close to the matter said.
The retail environment may be tough but Dr Martens seems to be prospering with it saying Monday that revenue soared 25% to just over £290m in the year to March. Underlying profit rose an even bigger 27% to £37.5m.
Dr. Martens has announced that its chief executive officer Steve Murray is leaving the company to enable the “next phase of its history”. Chairman Paul Mason will take over until a new chief executive is appointed.
The buzz around the potential sale of matchesfashion.com is at fever pitch with the suggested £600 million sale price now rumoured to be £800 million as private equity groups line up to bid for the luxury e-tailer.
Is Matchesfashion set to be the latest business snapped up by an investment fund? Rumours have been swirling around the luxury e-tailer for months, but now it seems it really in in talks with investors about a takeover.