
Axa Private Equity is to buy a majority stake in German clothing exporter Schustermann & Borenstein from its family owners, the companies said on Monday.
180 published items with the word (s) or phrase Permira in News, Trends, Videos, Photo galleries, Agenda and sorted by "date descending".
Axa Private Equity is to buy a majority stake in German clothing exporter Schustermann & Borenstein from its family owners, the companies said on Monday.
A Qatari investment group has agreed to buy Italian fashion house Valentino for an undisclosed amount, private equity firm Permira said on Thursday.
Italian fashion house Valentino is in exclusive talks with a potential but unnamed buyer, the company said, with Qatar's royal family believed to be interested.
The family owners of Schustermann & Borenstein have mandated Goldman Sachs to sell the German clothing exporter, two people close to the transaction said on Friday, a move analysts expect to attract strong interest.
Liz Claiborne Inc shares rose as much as 21 percent on Friday after the Wall Street Journal reported that the clothier and retailer had held buyout talks with private equity.
German fashion house Hugo Boss said sales growth would slow in 2012, after a record year driven by demand from Asian consumers seeking European luxury names.
Buyout investor SVG Capital offered to return 170 million pounds ($246 million) to shareholders, sharply boosting its share price, and said it would loosen its close ties with private equity firm Permira.
Private equity company Permira said the planned sale of a 6.4 percent stake in Hugo Boss did not mean it was starting a process to exit the German fashion house.
Budget fashion retailer New Look has hired property adviser CB Richard Ellis to analyse the future of its stores, The Independent newspaper reported on Sunday.
Hugo Boss is set to raise its 2015 profit margin target this fall, helped by the vigour of the global luxury market and improved productivity, sources close to the German fashion brand said.