February 2nd, 2010 by admin
New Look to raise £650m in IPO as it takes on high street old guard (Telegraph)
“New Look aims to raise £650m by returning to the stock market, giving it the funds to repay debt and keep taking business from high street stalwarts Marks & Spencer and Next.”
Valentino Sales Rebound May Signal More Openings, Chief Says [...]
December 7th, 2009 by admin
Permira in talks to buy back Valentino debt-sources (Reuters)
“Private equity investor Permira is in talks to buy back some of the debt it amassed to purchase Italy’s Valentino Fashion Group two years ago, sources close to the matter said. Permira and other shareholders of Valentino Fashion Group plan to invest up to 300 million euros [...]
November 4th, 2009 by admin
A fashion coup (NY Post)
“There is a new player in the international bidding war for a European luxury brand. The owner of Faconnable has emerged as one of the buyers likely to scoop German fashion house Escada out of bankruptcy.”
Luxury malls languish in booming Brazil (UPI)
“Dozens of new luxury malls remain nearly empty all [...]