By Reuters API Published May 6, 2024 Italy’s HModa, which groups Italian luxury clothing and leather goods manufacturers, is exploring strategic options for the company as it anticipates a sector rebound in 2025, its owner told Reuters. HModa Claudio Rovere, who is the majority shareholder of HIND, which in turns controls HModa, said that the … Read more
By Bloomberg Published May 4, 2024 Banks including Barclays Plc and UniCredit SpA are lining up €500 million ($538 million) in debt financing to back L Catterton’s purchase of a majority stake in Italian beauty brand Kiko, according to people familiar with the matter. kikocosmetics.com/ru-ru/ Private equity fund L Catterton is backed by luxury giant … Read more
By Reuters Translated by Cassidy STEPHENS Published Apr 26, 2024 Private equity firm L Catterton has announced that it is acquiring a majority stake in family-owned Kiko Milano, in a deal that, according to a source close to the matter, values the accessible Italian make-up manufacturer at around €1.4 billion ($1.5 billion) including debt. Kiko … Read more
By Reuters API Published Apr 15, 2024 Spanish fashion retailer Tendam plans to launch an initial public offering by the end of its financial year next February, its CEO Jaume Miquel told Reuters on Monday. Tendam “It seems like the market is opening up,” Miquel said after a business event in Madrid. “It’s a fact … Read more
By Bloomberg Published Mar 22, 2024 Gildan Activewear Inc.’s largest investor said the clothing maker’s shares are undervalued, signaling that potential acquirers circling the company may need to pay up to win shareholders’ support. Gildan The Canadian company, which owns the American Apparel brand, has improved its “already strong” position over the past three years … Read more
Much of the news surrounding Farfetch of late may have been connected to its acquisition by Coupang, but it’s important to remember that key product initiatives have continued at the same time. Erdem The London-based company has collaborated with one of the UK’s most prominent designer names, Erdem, to offer customers access to an exclusive … Read more
By Reuters API Published Feb 4, 2024 Top managers at Marcolin have started meeting potential suitors while they prepare the Italian eyewear manufacturer for a merger or a sale by renewing a series of key licensing accords, two sources close to the matter said. Tom Ford Marcolin, which has operations in Italy’s eyewear manufacturing district … Read more
