Carlyle Group news and archive

The Carlyle Group acquires majority stake in retailer End.

Global investment firm The Carlyle Group has acquired a majority stake in luxury, streetwear and sportswear retailer End. In a statement, The Carlyle Group said it was acquiring the stake from founders Christiaan Ashworth and John Parker, who will retain a “significant minority stake” and remain co-chief executives of the company. Index...

BusinessFeatured

Private equity firm Permira acquires Golden Goose from Carlyle Group

New York – Golden Goose, Permira and The Carlyle Group (NASDAQ: CG) announced Wednesday that the private equity firm will acquire Carlyle’s majority stake in the Italian luxury fashion brand. The transaction is subject to customary conditions and is expected to close in the next months. “This is really about backing the sneaker trend, the...

Business

Twinset plots global expansion to become an international brand

London - Twinset has unveiled its expansion strategy for Twinset Milano, the new name of its main line and its campaign for Spring/Summer 2018 following its acquisition by private equity firm Carlyle Group, which sees the brand opening its first store in London in spring 2018. The brand’s new expansion strategy, sees Twinset focusing on growing...

Fashion |TIMELINE Featured

The Rise of Supreme - From a skate store to a billion dollar fashion company

London - Cult skatewear brand Supreme made headlines last week after news emerged that it had sold a 50 percent stake in the business to private equity firm Carlyle Group. The streetwear-inspired brand is said to be worth 1 billion US dollars now, as the brand is poised for global expansion. Supreme's founder, James Jebbia, has spent years...

People|UPDATE Featured

UPDATE: Twinset appoints new creative directors, launches menswear

London - Italian apparel label Twinset has unveiled its new corporate brand image, appointed two new creative directors and is set to launch menswear following its acquisition by US private equity firm Carlyle Group. Twinset's main product line has been rebranded as Twinset Milano, to underline the brand's Italian roots. In addition, Twinset has...

Business

Supreme sells stake to Carlyle Group

London - The founder of iconic streetwear brand Supreme, James Jebbia, has sold a stake in the company to private equity firm The Carlyle Group. Further details concerning the deal were not disclosed, but the private equity group is thought to have taken a minority stake in the skatewear inspired label, according to various media reports....

Business

Carlyle Group takes full control of Twinset

US private equity group Carlyle Group has strengthened its position in Italian fashion brand Twinset by buying the remaining 10 percent stake from founder Simona Barbieri, to increase its stake from 90 percent to 100 percent. The Carlyle Group sees Twinset as a “key investment” in the European fashion and apparel sector, in 2012 it bought 72...

Fashion |INTERVIEW Featured

Hunkemöller ramps up expansion plan, thanks to support from new owners

It is full speed ahead for Dutch lingerie retailer Hunkemöller, now that the Carlyle Group has officially finished its acquisition of the company from its former owners PAI Partners. With the new owners firmly backing the high street retailer’s now three-year plan, which includes expanding its store portfolio network to count over 1,200 stores...

BusinessFeatured

Carlyle to buy Dutch lingerie brand Hunkemöller

Carlyle has confirmed that it is buying Dutch lingerie brand Hunkemöller from its private equity owners, PAI Partners, following up its fashion investment in luxury brands Moncler and Italian retailer Twin Set. The European-focused upper-mid market buyout fund didn’t disclose the terms of the transaction, but a source has been quoted across the...

RetailFeatured

Sycamore close to finalizing deal on Hunkemöller acquistion

London - One of Europe's largest lingerie brands is set to fall into American hands, as Dutch label Hunkemöller is said to be close to be finalizing a deal with US private equity firm Sycamore Partners. Sources close to the matter have revealed that Sycamore beat eleven other buyout firms during several bidding rounds, which included Carlyle...

Design

Carlyle sells stake in Moncler for 215 million euro

Carlyle Group has sold off its entire 7.13 percent stake in luxury Italian outerwear company Moncler, for 215 million euros, or 172million pounds according to current exchange rates, as French investment firm Eurazeo, Moncler's largest independent shareholder, revealed its ongoing support. Eurazeo, which currently holds a 23.3 percent stake in...