Lion Capital

The London-based private equity firm is reportedly courting the potential sale of the skincare brand that could generate more than $200 million.

SMCP, the KKR & Co.-backed owner of French fashion brands Sandro, Maje and Claudie Pierlot, has attracted bids from Lion Capital and Chinese textile producer Shandong Ruyi Group.

Irving Place, a private equity firm that approached the retailer about an acquisition last year, has grown uncertain about its proposed valuation after months of dealing with American Apparel.

American Apparel Inc. director Robert Mintz has resigned from the retailer’s board, according to two people familiar with the situation.

BoF compiles the most important professional moves of the week.