×
1 222
Fashion Jobs
ALEXANDER MCQUEEN
Collection Coordinator Assistant
Permanent · LONDON
ESTÉE LAUDER
Clinique - Consultant - Boots, Oxford - 24 Hours - Part Time, Permanent
Permanent · Oxford
ESTÉE LAUDER
Clinique - Consultant - Boots, Sedley Place London - 37.5 Hours - Full Time, Permanent
Permanent · London
PAUL SMITH
Office Administrator
Permanent · NOTTINGHAM
FRASERS GROUP
Trainee Commercial Manager
Permanent · SHIREBROOK
FOREO
Key Account Manager
Permanent · London
ESTÉE LAUDER
Clinique - Consultant - John Lewis Edinburgh - 26 Hours - Part Time, Permanent
Permanent · Edinburgh
BEARA BEARA
Marketing Executive (Taiwanese)
Permanent · LONDON
BRANDLAB 360 - HULA
Hula by Barbara Hulanicki – Wholesale Sales Manager
Permanent · LONDON
HOMEGOODS
Loss Prevention Detective
Permanent · Countryside
TK MAXX
10933-Loss Prevention Officer Sth Ruislip
Permanent · Ruislip
TK MAXX
10933-Loss Prevention Officer Haringey
Permanent · London
ESTÉE LAUDER
Aveda Haircare Category & Marketing Planning Manager
Permanent · London
ESTÉE LAUDER
Mac - Area Sales And Education Manager - London - Maternity Cover
Permanent · London
RALPH LAUREN
Operations Manager - Gretna
Permanent · Gretna
LUXURY RECRUIT
Head of Digital - Luxury
Permanent · LONDON
LUXURY RECRUIT
Brand Director - Luxury
Permanent · LONDON
LEVI'S
Mobile App Trading & Operations Manager
Permanent · London
BLACK PR
Sales Account Manager
Permanent · LONDON BOROUGH OF HACKNEY
ESTÉE LAUDER
Clinique - Consultant - Boots, Inverness - 18 Hours - Part Time, Permanent
Permanent · Inverness
RELY RECRUITMENT
Head of Finance / Finance Manager
Permanent · LONDON
LEVI'S
Performance Marketing Manager
Permanent · London
Published
Jan 22, 2016
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

SMCP group appeals to Lion Capital and Ruyi

Published
Jan 22, 2016

Since last year, the rumour of a forthcoming divestment of the SMCP group by the KKR investment fund has become increasingly insistent. After the US fund instructed several banks to evaluate the opportunity of selling its stock in SMCP, Bloomberg Business has now reported that two offers are already on the table.


Autumn-Winter 15/16 campaign - Maje.


According to the US financial news agency, British investment fund Lion Capital has reportedly submitted an offer for the acquisition of KKR's 65% share (the rest of the capital still belongs to the long-standing directors of the Maje and Sandro brands).

Lion Capital is specialised in personal goods, and already holds stock in American Apparel, Jimmy Choo, All Saints, La Senza and John Varvatos, as well as in Hema, Picard and Alain Afflelou.

The British fund however is not the only player jostling for the position. Bloomberg also mentioned an offer coming from the Chinese group Ruyi. The latter is a vast textile conglomerate, active in manufacturing and distribution, and reportedly generating a revenue in excess of €4.2 billion.

Whatever the identity of its share's buyer, KKR is set to value the SMCP group, with its one thousand stores worldwide, at approximately €1 billion for the purposes of the sale.
 

Copyright © 2022 FashionNetwork.com All rights reserved.