×
453
Fashion Jobs
JOSEPH LTD
Full Time Menswear Supervisor (Mayfair)
Permanent · LONDON
MICHAEL KORS
Account Executive
Permanent · LONDON
OUTSIDE THE BOX RECRUITMENT
Flagship General Manager – Luxury Fashion – Regent st – £80k-£90k + Bonus
Permanent · LONDON
FOUR SEASONS RECRUITMENT
Online Customer Service Manager
Permanent · HUNGERFORD
FOUR SEASONS RECRUITMENT
Merchandising Manager
Permanent · LONDON
BIMBA Y LOLA
Part Time Sales Assistant Kings Road
Permanent · LONDON
BIMBA Y LOLA
Sales Assistant Richmond
Permanent · LONDON
BIMBA Y LOLA
Part Time Sales Assistant Notting Hill
Permanent · LONDON
FOUR SEASONS RECRUITMENT
Showroom Sales Representative
Permanent · LONDON
TOO FACED
Business Manager - John Lewis Brent Cross
Permanent · LONDON
OUTSIDE THE BOX RECRUITMENT
Ltrtw & Mtm Client Service Manager – Luxury Ladieswear – Knightsbridge – £30k-£40k + Comm
Permanent · LONDON
OUTSIDE THE BOX RECRUITMENT
Haute Couture Client Service Manager – Luxury Ladieswear – Mayfair– £40k-£60k + Comm
Permanent · LONDON
MAJE
Sales Supervisor, Full-Time - Harrods, London
Permanent · LONDON
BIMBA Y LOLA
Part Time Sales Assistant Canary Wharf
Permanent · LONDON
HEAD OFFICE
Brand Manager
Permanent · LONDON
BETTY BARCLAY GROUP GMBH & CO KG
Retail Operations Manager
Permanent · LONDON
RETAIL PERM
Beauty Salon Manager
Permanent · LONDON
TOO FACED
Business Manager - Liverpool - New Mersey Retail pk (Speke), UK
Permanent ·
TOO FACED
Business Manager - Lisburn Sprucefield sc, UK
Permanent ·
TOO FACED
Business Manager - Stockton on Tees Teeside, UK
Permanent ·
TOO FACED
Business Manager Tamworth Ventura RP, UK
Permanent ·
TOO FACED
Business Manager - Cork Half Moon st., UK
Permanent ·

Investor trio team up to acquire cashmere label Eric Bompard

Translated by
Nicola Mira
Published
today Jan 9, 2018
Reading time
access_time 2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Apax Partners, the British private equity firm specialised in backing European SMEs, together with French sovereign fund BPIFrance, via two of its local investment funds, have joined forces with entrepreneur Xavier Marie, founder of Maisons du Monde, to acquire French cashmere label Eric Bompard.


Xavier Marie, Apax Partners and BPIFrance have teamed up to buy cashmere label Bompard - DR


The thirty-year-old family company has entered into exclusive negotiations with the three investors, and expects to finalise the operation in the first quarter of 2018. The objective is to boost Bompard's international footprint and accelerate the expansion of its online business.

Last October, FashionNetwork.com reported how dynamic French entrepreneur Xavier Marie entered into exclusive negotiations for Bompard's acquisition, targeting another label after the acquisitions of Bonton, Rautureau, Paule Ka and, more recently, Le Petit Souk. At the time, some analysts suggested that the cashmere label's valuation might reach €130 million, in other words ten times its EBITDA.

Eric Bompard was founded over thirty years ago, and generates a revenue of approximately €90 million. The group operates 56 stores and claims it sells 500,000 items per year.

The investors' consortium "is expected to take over the majority of the capital, with Xavier Marie holding the largest stake, while the Bompard family is planning to reinvest alongside its new partners, maintaining a minority interest," Apax Partners told the AFP agency.

Xavier Marie has recently built up a sizeable brand portfolio, and this time he is looking to his fellow investors, BPIFrance and Apax Partners, to support him in growing the French cashmere brand's business.

Copyright © 2019 FashionNetwork.com All rights reserved.