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
Richemont’s renewed attempts to divest Yoox Net-A-Porter have attracted the attention of luxury rival Mytheresa, a report has claimed. The business is believed to be among potential bidders to buy loss-making e-tail giant YNAP. Net-A-Porter The Financial Times made the claim, citing “people with knowledge of the sales process”. It also said that private equity … Read more
Once upon a time it seemed that Dr Martens could do no wrong, but missteps at the British bootmaker and a tough environment have sent its shares down from a high of around £5 three years ago to below 74p at one point this year. And now a major shareholder is calling for action. DR … Read more
By Reuters API Published Mar 7, 2024 Italy’s Golden Goose said on Thursday its net revenues had risen 18% at constant exchange rate last year, as the Italian luxury sneaker maker is preparing for an initial public offering on the Milan bourse. Golden Goose – Archivo Net revenues reached 587 million euros last year, helped … 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
By Bloomberg Published Feb 7, 2024 Permira has hired a trio of banks to assess options including a sale of German fashion retail club Best Secret, which could be valued at more than €4 billion ($4.3 billion) in any exit, according to people familiar with the matter. Bloomberg The private equity firm has chosen Deutsche … Read more
By Reuters API Published Dec 18, 2023 Luxury fashion group Golden Goose plans is looking to raise about 1 billion euros ($1.1 billion) from an initial public offering (IPO) in Milan, three people close to the matter told Reuters. Reuters The company’s majority owner, buyout group Permira, has enlisted seven banks to underwrite what is … Read more
Translated by Nicola Mira Published Dec 7, 2023 Italian high-end sneakers brand Golden Goose has entered the world of padel, an emerging sport akin to tennis, celebrating its history and community. The Golden Goose-branded Atlante Arena padel pavilion is set to open in the last quarter of 2024 at CityLife, one of Milan’s greenest districts, … Read more
By Europa Press Translated by Roberta HERRERA Published Dec 2, 2023 Jaume Miquel, CEO, and president of Tendam, stressed that the fashion conglomerate, comprising brands like Cortefiel, Springfield, Pedro del Hierro, SlowLove, and Otto, will consider a stock market debut when conditions are favorable, but shows no concern about leading the charge. Archive – President … Read more
