Dr Martens is heavily focused on its recovery, but that turnaround may not happen under its current ownership structure with a report saying it’s being eyed for a takeover by a number of major non-UK firms. Dr Martens The heritage UK business is listed on the London Stock Exchange but its valuation today is ‘only’ … Read more
Translated by Roberta HERRERA Published Mar 10, 2024 SMCP, the French luxury conglomerate renowned for its accessible luxury, experienced a mixed year in 2023. On one hand, the group witnessed a sales uptick in reported figures, surpassing 2% to reach €1.23 billion. Notable achievements include Sandro’s 3% growth, crossing the €600 million revenue mark, and … Read more
Translated by Roberta HERRERA Published Mar 1, 2024 Specializing in premium fashion, Style Capital is poised to add another prestigious brand to its portfolio. The Italian fund led by Roberta Benaglia, which recently divested the Australian label Zimmermann for a valuation of 1.7 billion Australian dollars (1 billion euros), is on the brink of acquiring … Read more
Online retail giant The Very Group had bad news and good on Tuesday. The company may have reported a loss for the latest half year, but it also announced a £125 million investment package, £85 million of it from Carlyle and the rest from IMI. Very Group The company, which is owned by the billionaire … Read more
Translated by Nicola Mira Published Jan 26, 2024 The Carlyle investment fund is keen to find a buyer for Italian ready-to-wear label Twinset, in which it has held a 100% stake since 2017. In early 2020, Carlyle gave a mandate to JP Morgan for finding an investor interested in buying Twinset, but the operation was … Read more
