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Carlyle ups its stake in Twin-Set to 90 percent

Italian fashion label Twin-Set has kicked off the summer with a shareholding and management reorganisation. The Carlyle Group has increased its stake in the company up to 90 percent, while the remaining 10 percent rests in the hands of the firm´s creative director. The Carlyle Group has upped its 72 percent stake to 90 percent, while CEO Titian...

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Fashion

Carlyle Group acquires Twin-Set brand

The Carlyle Group has acquired a majority stake in the company Light Force, owner of Italian womenswear brand Twin-Set. The Group, which also owns luxury sportswear brand Moncler, bought the stake from founders Tiziano Sgarbi and Simona Barbieri and Italian growth capital fund DGPA Capital. The terms of the transaction, which is set to close at...

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