CBR news and archive

CBR to float at between 14 and 18 euros per share

German women's fashion retailer CBR, whose brands include Street One and Cecil, has set the price range for its initial public offering (IPO) at between 14 euros and 18 euros, the company said on Monday. CBR plans to use some of the proceeds to reduce its borrowings and for investment in its e-commerce business and retail outlets. The German...

Business

German CBR group reportedly prepping for IPO

As reported Friday, German fashion group CBR, owner of brands Street One and Cecil brands, would be considering an initial public offering (IPO) or a sale for later this year. As reported by Reuters, the apparel group has been earmarked for sale by its private equity owner EQT this year in a potential 1.2 billion euro, two people familiar with...

Fashion

Cecil introduces menswear

German fashion brand Cecil, formally owned by British companies Apax Partners and Cinven, will launch a separate clothing range for men called Cecil Men. Nowadays part of CBR Fashion Holding, the fashion group which also owns Street One and One Touch. From half July, Cecil Men will be available in stores. It is for the first time CBR aims on the...