Russia’s VTB Capital Closes in on Roberto Cavalli

Italian designers Roberto and Eva Cavalli | Source: Reuters

VTB Capital, the investment arm of sanctioned Russian lender VTB Bank, has made a cash payment to secure a deal to buy most of Italian fashion house Roberto Cavalli before the end of November, two sources familiar with the situation said.

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Has Private Equity Learned Its Lesson on Fashion Investments?

Valentino spring/summer 2014 campaign | Source: Valentino

Current market reports indicate that private equity firm Permira Advisers is aiming to sell its majority stake in Hugo Boss and re-opening talks to invest in Roberto Cavalli. What lessons can private equity firms learn from the company’s last major fashion investment?

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Sources Say Roberto Cavalli Nearing €450 Million Sale to Permira

Roberto Cavalli 2014 | Source: Cavalli

LONDON, United Kingdom — Italian designer Roberto Cavalli is in advanced talks to sell a majority stake in his eponymous fashion house to London-based buyout firm Permira in a sale worth about 450 million euros ($621 million), four sources close to the deal told Reuters.

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Hugo Boss Quarterly Earnings Miss Forecasts on Drop at Wholesale

Joan Smalls and Anja Rubik for Hugo Boss Autumn/Winter 2013/4 | Source: Hugo Boss

FRANKFURT, Germany — Hugo Boss AG, the German luxury clothing-maker, reported earnings that missed analysts estimates as a difficult market environment in China and a weakening wholesale business offset higher retail sales.

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Permira Said in Talks to Acquire British Boot Maker Dr. Martens

Dr. Martens' Fall 2013 Campaign | Source: Dr. Martens

LONDON, United Kingdom — Permira Advisers LLP, the London- based private-equity firm that owns clothing brand Hugo Boss, is in advanced talks to buy iconic British punk-boot maker Dr. Martens, said a person with knowledge of the negotiations.

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Hugo Boss Forecasts Higher 2013 Profit, Led by Retail Growth

Hugo Boss Spring/Summer 2013 Campaign | Source: Hugo Boss

METZINGEN, Germany — Hugo Boss AG, the German luxury- clothing maker controlled by buyout firm Permira Advisers LLP, forecast operating profit will rise this year after it expanded its store network by a third in 2012.

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Permira holds Boss, Chanel wins suit, Vuitton’s new ads, Recession’s reality on Rodeo, Christmas trading

Rodeo Drive | Source: Shutterstock

Permira to keep Hugo Boss, ProSieben for years (Reuters) “Permira doesn’t plan to exit from media company ProSiebenSat.1 and fashion label Hugo Boss for a couple of years, the German head of the private equity company told Reuters.” Chanel wins counterfeit case but is forced to pay damages (Telegraph) “A seamstress who took Chanel to court for stealing her small firm’s crochet pattern has lost her

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