Permira news and archive

CommentSold receives investment from Permira

CommentSold, a cloud-based SaaS platform that enables live and social selling across multiple shopping platforms and channels, including social media networks, merchants’ own websites and their CommentSold-powered branded mobiles app, has received an investment from Permira. Permira is a global private equity firm which scales tech-enabled...

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Golden Goose appoints former Chanel CEO Maureen Chiquet as Chairman of Board of Directors

Italian luxury streetwear brand Golden Goose has appointed former Chanel global chief executive officer Maureen Chiquet as its new Chairman of Board of Directors. Chiquet will replace Patrizio Di Marco, the former CEO of Gucci, and work alongside Silvio Campara, the company’s CEO since 2018. Chiquet’s appointment demonstrates Golden Goose’s...

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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...

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How financial investor Permira polished Dr. Martens to a shine

BACKGROUND The British may call them "Doc Martin's" and the Americans "Doc Marten's"; regardless of how you pronounce them, there is a good chance everyone will agree on this point: No boot in the world has ever managed to claim nonconformist and iconic adjectives over such a long period of time. There was no decade in the last almost sixty...

Business

Dr Martens could be going up for sale or put on stock market

Dr Martens owner and private equity firm Permira is reportedly planning to sell the British heritage footwear brand or float it on the US stock market. According to Sky News, Permira is preparing to hire bankers to oversee a review of its options for the company just six years after it bought it from the founding Griggs family for 300 million...

Business |UPDATE

UPDATE: Matchesfashion valued at 800 million pounds following bidding fever

London - Increasing interest in Matchesfashion.com has raised the luxury fashion retailer’s valuation up to 800 million pounds, as rumours concerning a bidding war for the company continue. Matchesfashion.com continues to remain silent concerning news of a potential sale, but that has not stopped new reports from emerging that private equity...

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Matchesfashion.com unveils new studio plans following 600 million pound sale talks

London - Matchesfashion.com is gearing up for a bright future, as the British fashion retailer is reportedly heading towards a 600 million pound sale and set to open a new tech and design hub in east London. Matchesfashion.com, founded by duo Tom and Ruth Chapman in Wimbledon in 1987, has signed a lease for 22,000 square feet at Here East, in...

Business

Permira acquires German fashion retailer Schustermann & Borenstein

European private equity group Permira [PERM.UL] has acquired German fashion retailer and exporter Schustermann & Borenstein, the companies said on Tuesday without disclosing financial details. As reported by Reuters, the sale of Schustermann & Borenstein, a Munich-based family business acquired by French buyout firm Ardian in 2012, is expected...

Business

Warburg Pincus in discussion to acquire stake in Reiss

The founder of premium fashion retailer Reiss is said to be in discussion with private equity firm Warburg Pincus to sell a stake valued at close to 250 million pounds. Warburg Pincus is said to be in exclusive discussion with Reiss to purchase a substantial stake and has already reportedly warded off competition from Permira, the private equity...

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New Look snapped up by Brait in 1.9 billion pound deal

Following months of speculation, British high street retailer New Look has finally found a new owner and has been acquired by South African billionaire Christo Wiese in a deal which values the fashion label at 1.9 billion pounds, including debts. Brait, the private equity vehicle owned by Wiese, has signed an agreement to acquire a 90 percent...

Business |UPDATE

New Look attracts interest from Chinese investors

Following reports that British high street fashion label New Look was preparing for a 2 billion pounds flotation news has emerged that a potential sale may be on the cards instead. New Look's private equity owners Permira and Apax have reportedly held talks with a number of China's biggest investors as its expanding presence in the country could...

Business

Potential sale of Pepe Jeans and Hackett rumored to begin this week

This week could see the start of financial negotiations for the sale of Pepe Jeans Group, which controls labels Pepe Jeans and Hackett London, valued between 700 million euros and 800 million euros. According to French newspaper,Les Echos, the company's shareholders, which include investment firms Torreal, Artá Capital, L Capital, are set to...