×
1 602
Fashion Jobs
SHISEIDO
Bareminerals Account Manager - Boots Stratford (37.5 Hours)
Permanent · London
SHISEIDO
Nars Business Manager - Fenwick Newcastle (37.5 Hours)
Permanent · Newcastle upon Tyne
SHISEIDO
Account Manager - Boots Hammersmith (22.5 Hours)
Permanent · London
GUCCI LIMITED
Gucci Stock Manager
Permanent · LONDON
NIKE
Purpose Marketing Manager, London
Permanent · London
NIKE
Agile Marketing Manager, London
Permanent · London
ESTÉE LAUDER
Clinique - Consultant - Lisburn, Boots - 30 Hours - Full Time, Permanent
Permanent · Lisburn
ESTÉE LAUDER
Clinique - Consultant - Edinburgh, John Lewis- 37 Hours - Full-Time, Permanent
Permanent · Edinburgh
ESTÉE LAUDER
Demand Planner - The Estée Lauder Companies
Permanent · London
SHISEIDO
Bareminerals Account Manager - Boots, Edinburgh Gyle (30 Hours)
Permanent · Edinburgh
SHISEIDO
Laura Mercier Account Manager - Harvey Nichols Manchester (37.5 Hours)
Permanent · Stretford
SHISEIDO
Bareminerals - Account Manager (30 Hours)
Permanent · Edinburgh
V. F. CORPORATION
Manager, Strategic Accounts - Dickies Emea
Permanent · LONDON
VANS
Credit Controller - Spanish Speaking - Vans
Permanent · CALVERTON
VF INTERNATIONAL
Multilingual Credit Controller - Key Accounts (English Plus Any European Language)
Permanent · CALVERTON
ESTÉE LAUDER
Clinique - Consultant - John Lewis, Location - 15Hours / 3 Days - Part-Time, Permanent
Permanent · Exeter
ESTÉE LAUDER
Clinique - Consultant - Sutton Coldfield, Beatties - 15 Hours - Part-Time, Permanent
Permanent · The Royal Town of Sutton Coldfield
ESTÉE LAUDER
Clinique - Consultant - Leicester, Boots - Fosse Park - 15 Hours - Part-Time, Permanent
Permanent · Leicester
YVES SAINT LAURENT UK LIMITED
Saint Laurent HR Manager UK, Ireland & Netherlands
Permanent · LONDON
SHISEIDO
Bareminerals Account Manager - Hof Bluewater (35 Hours)
Permanent · Dartford
SHISEIDO
Laura Mercier Account Manager - Harvey Nichols, Edinburgh
Permanent · Edinburgh
ESTÉE LAUDER
Origins - Online Trading Manager - Brand Site
Permanent · London
Advertisements
By
Reuters
Published
May 14, 2013
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Vince selects banks for fall IPO

By
Reuters
Published
May 14, 2013

High-end sportswear brand Vince is close to filing for an initial public offering, according to two sources close to the situation.

Vince, owned by St. Louis-based fashion company Kellwood Co, which is controlled by private equity firm Sun Capital, has selected Goldman Sachs Group Inc and Robert W. Baird & Co to lead the IPO, the sources said on Monday.

Bank of America Corp, UBS AG and JPMorgan Chase & Co are also involved in the float, which could raise about $200 million, the sources said.

The IPO could come in September, they added.

Visuals from the current Vince campaign

Goldman Sachs, Bank of America and JPMorgan declined to comment. Vince, Sun Capital, Baird and UBS could not be reached for comment.

Vince sells items such as $300 cashmere sweaters and $1,000 leather jackets at upscale department stores including Macy's Inc's Bloomingdale's chain, Barneys, Neiman Marcus and Saks Fifth Avenue, as well as its own boutiques.

The IPO comes amid strong share performance for retail companies, including Michael Kors Holdings Ltd. Shares of the fashion house have tripled since the company's IPO in late 2011. They were up 1.7 percent to $61.38 at midday Monday.

Retail stocks have been on a tear this year, outperforming the broader market, with the S&P Retail Index up 19 percent. Earlier in the year there were fears that a sluggish job market would hold back consumer spending.

Ralph Lauren Corp shares hit a 52-week high last week, and luxury chains Saks and Nordstrom Inc are up 13 percent and 11 percent, respectively, this year.

In 2006, Kellwood acquired Los Angeles-based Vince and related assets for $75 million.

Earlier this year, Kellwood CEO Jill Granoff took over as Vince CEO from Vince co-founders Rea Laccone and Christopher LaPolice. Granoff is a former CEO of Kenneth Cole and has also served as an executive at Liz Claiborne.

Kellwood said last week that it has been looking at selling yoga clothing maker Zobha. It may also be selling its urban-focused line Baby Phat, according to a media report.

© Thomson Reuters 2021 All rights reserved.