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Business

Masai acquired by private equity group

Danish womenswear brand Masai has been acquired by private equity group Silverfleet Capital for an undisclosed amount. The acquisition marks the first investment Silverfleet has made from its new 850 million euro Silverfleet Capital II, which closed last month. Masai is headquartered in Copenhagen and wholesales and retails its own-designed...

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Fashion

Silverfleet sells TJ Hughes

Silverfleet Capital, the private equity house, has sold department store chain, TJ Hughes. It has been announced that they have sold the discount store to its management, but the sum is undisclosed. The management team, however, have received backing from British private equity firm, Endless, to carry off the deal. TJ Hughes, which was founded...

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