The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
SAO PAULO, Brazil — C&A, one of the biggest clothing retailers in Brazil, has started procedures for an initial public offering (IPO) on the country's B3 stock exchange, according to a securities filing released on Thursday.
The unit said it plans to use IPO proceeds to pay down debt and to finance its organic expansion in Brazil. Morgan Stanley, Bradesco BBI, BTG Pactual, Citi, Santander and XP Investimentos are going to coordinate the operation, which includes primary and secondary share offers.
By Aluisio Alves, Alberto Alerigi Jr; editor: Chris Reese.
The World Economic Forum in Davos, a retail convention in New York and menswear shows in Paris will command the industry’s attention. Plus, what else to watch for this week.
The owner of Lanvin, Sergio Rossi and other brands is the first fashion company to list on a US exchange in a year. But the tough economy and investor skepticism about money-losing start-ups is likely to keep others from following suit.
Kanye and Adidas, Johnny Depp and Dior: celebrity marketing can be a minefield as well as a goldmine — and social media has raised the stakes.
High-end brands continue to report record sales and profits, even as mass retailers trim their outlooks for the autumn and winter. Can it last?