×
858
Fashion Jobs
VF INTERNATIONAL
Senior Credit Controller - Multibrand
Permanent · CALVERTON
EASTPAK
Credit Team Leader - Eastpak
Permanent · CALVERTON
HUGO BOSS
Buyer Emea
Permanent · London
ESTÉE LAUDER
Aveda - Omni National Account & Operations Executive
Permanent · London
ESTÉE LAUDER
Demand Planner - Supply Chain
Permanent · London
ESTÉE LAUDER
Director, International Business Development (Maternity Cover)
Permanent · London
PAUL SMITH
International Sales Executive
Permanent · LONDON
EASTPAK
Sales Manager
Permanent · LONDON
NEW BALANCE
Category Merchandising Manager Emea, Running Footwear
Permanent · Warrington
CONFIDENTIEL
Warehouse Area Manager
Permanent ·
ESTÉE LAUDER
Clinique - Consultant - John Lewis, Liverpool - 26 Hours - Part Time, Permanent
Permanent · Liverpool
ESTÉE LAUDER
Clinique - Consultant - Boots-Aintree, Liverpool - 11 Hours - Part Time, Permanent
Permanent · Liverpool
ESTÉE LAUDER
Clinique - Consultant - Fenwick, Newcastle - 12 Hours - Part Time, Permanent
Permanent · Newcastle upon Tyne
ESTÉE LAUDER
Clinique - Consultant - Boots, Bishops Stortford - 7.5 Hours - Part-Time - Permanent
Permanent · Bishop's Stortford
ESTÉE LAUDER
Clinique - Consultant - Boots, st Davids Cardiff - 37.5 Hours - Full Time, Permanent
Permanent · Cardiff
ESTÉE LAUDER
Clinique - Consultant - Boots, Oracle Reading - 28 Hours - Part Time, Permanent
Permanent · Reading
ESTÉE LAUDER
Clinique - Consultant - Flannels, Sheffield Meadowhall - 22.5 Hours - Part Time, Permanent
Permanent · Sheffield
ESTÉE LAUDER
Clinique - Consultant - John Lewis, Cribbs Causeway - 37.5 Hours - Full Time, Permanent
Permanent · Bristol
ESTÉE LAUDER
Clinique - Consultant - Boots, st Davids Cardiff - 30 Hours - Full Time, Permanent
Permanent · Cardiff
ESTÉE LAUDER
Art Director
Permanent · London
ESTÉE LAUDER
Clinique - Consultant - Fenwick, Bracknell - 11.5 Hours - Part Time, Permanent
Permanent · Bracknell
ESTÉE LAUDER
CRM And Email Analyst (Contract) - Must be Immediately Available
Permanent · London
Published
Jun 12, 2015
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Dirk Bikkembergs taken over by Chinese company

Published
Jun 12, 2015

Dirk Bikkembergs’ future will be played out in China. The couture sports brand, which was founded in 1989 by Belgian designer Dirk Bikkembergs, was initially developed in Italy. It was bought in 2011 by the Italian group Zeis Excelsa via the company Levitas and is now being taken over by a Chinese company.

Guangzhou Canudilo Fashion & Accessories, which specializes in men’s retail in China, is purchasing a 51% stake in the brand for 40.68 million euros.

Dirk Bikkembergs, spring-summer 2015 - PixelFormula


The news, which was reported by the Italian press, has been confirmed by the listed Chinese company and by the brand, which will discuss the details of the operation at a press conference at the conclusion of the agreement in July. 

51% of Dirks Bikkembergs will thus be owned by Guangzhou Canudilo and 49%, on a parity basis, will be owned by Zeis Excelsa-Levitas and the Italian company Sinv (owner of the brand Piazza Sempione), which acquired a stake in the brand in early 2015.

Through the agreement, Dirks Bikkembergs, which already owns about twenty locations in China, hopes to accelerate its expansion in the country, where its development will now facilitated. 

Founded in 1997 and based in Guangzhou, the company Guangzhou Canudilo distributes both its own brands and many other labels in China. It was already a multibrand client of Dirks Bikkembergs and plans to sell shares in order to raise the necessary funds for this acquisition. Production, meanwhile, should remain in Europe. 

In 2014, Dirk Bikkembergs generated a turnover of 80 million euros (around 120 million euros for the entirety of the company Zeis Excelsa, which also owns other marks). In two years, the couture sports brand opened 80 stores in 40 countries and currently generates 85% of its sales abroad, mainly in Russia, Germany, France, China and the Middle East.

Copyright © 2021 FashionNetwork.com All rights reserved.