×
75 341
Fashion Jobs
ROSS STORES
Store Protection Specialist
Permanent · El Paso
ROSS STORES
Store Protection Specialist
Permanent · Gilroy
ROSS STORES
Store Protection Specialist
Permanent · Madera
ROSS STORES
Store Protection Specialist
Permanent · Los Angeles
ROSS STORES
Store Protection Specialist
Permanent · Upland
ROSS STORES
Store Protection Specialist
Permanent · Newark
ROSS STORES
Store Protection Specialist
Permanent · El Cerrito
ULTA BEAUTY, INC.
Retail Operations Manager
Permanent · Redmond
ULTA BEAUTY, INC.
General Manager
Permanent · Whitestown
GAP INC.
Area Manager, Asset Protection - Utah
Permanent · Salt Lake City
URBN
Urban Outfitters Visual Merchandising Manager
Permanent · TAMPA
BANANA REPUBLIC
General Manager - Corte Madera (Flagship Store)
Permanent · Corte Madera
GAP
Assistant Manager, Customer Operations - Los Cerritos Center
Permanent · Cerritos
MACY'S
sr. Manager, Maintenance
Permanent · North Jackson
MACY'S
Asset Protection Detective, Security Square - Full Time
Permanent · Baltimore
MACY'S
Asset Protection Security Guard, Southland - Standard Part Time
Permanent · Cutler Bay
MACY'S
sr. Manager, Sales And Customer Experience
Permanent · Boston
MACY'S
Asset Protection Officer, Secaucus D2C fj - Full Time (2840)
Permanent · Secaucus
MACY'S
Manager, Style Merchandise Execution
Permanent · West Orange
MACY'S
Manager, Merchandise Execution
Permanent · Chicago
MARC JACOB'S
Sales Supervisor
Permanent · Scottsdale
OLD NAVY
Assistant Manager, Customer Operations - Outlets of Little Rock
Permanent · Little Rock
By
Reuters
Published
Apr 15, 2013
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

LVMH-backed fund buys stake in Aussie bushwear firm RM Williams

By
Reuters
Published
Apr 15, 2013

SYDNEY - A private equity fund sponsored by French luxury brand LVMH Group has snapped up just under half of Australia's R.M. Williams in deal aimed at helping the bushwear firm expand further overseas.

(image: RM Williams)

The sale of the 49.9 percent holding was valued at around A$52 million ($55 million), said a source close to the deal who was not authorised to speak on the record.

Singapore-based L Capital Asia, which is also backed by Groupe Arnault, the holding company of LVMH chairman and chief executive Bernard Arnault, and Malaysia's YTL Corp, specialises in developing distinctive but affordable brands in the Asia-Pacific region.

Last year it took a 50 percent stake in upmarket Australian food store Jones the Grocer.

Ken Cowley, chairman and owner of R.M. Williams, which is known for its elastic-sided boots, will retain the majority holding. He said L Capital had committed to retaining Australian manufacturing for the firm's products.

The 81-year-old Australian company has more than 50 stores around the world. The transaction is expected to be completed by mid-May and new board members announced at that time.

© Thomson Reuters 2022 All rights reserved.