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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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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Permira doubles down on Valentino, Mouret to launch mens, Saks’ dilemma, Investing in a crisis, Luxury MBAs

http://www.net-a-porter.com | Source: Net-a-porter

Permira in talks to buy back Valentino debt-sources (Reuters) “Private equity investor Permira is in talks to buy back some of the debt it amassed to purchase Italy’s Valentino Fashion Group two years ago, sources close to the matter said. Permira and other shareholders of Valentino Fashion Group plan to invest up to 300 million euros ($452 million) to reduce the Italian fashion house’s debt of about 2.2 billion

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