Pepe Jeans 900 Million Euros To Sell L Capital Asia Take Over

The group Pepe Jeans Group holding consortium has sold the group 58.9% stake in Lebanon investment fund M1 with 900 million euros, which is much higher than the highest bid of 730 million private Holdings Company, such as Mayhoola for Investments SPC, Permira Advisers LLP, Permira & amp; M1, etc.

Rumors say the world's largest

Group LVMH Mo t Hennessy Louis Vuitton SA (LVMH.PA) MOET & CHANDON Hennessy LV group's private Holdings Company L Capital's Asian Department, L Capital, has participated in the investment.

L Capital is also one of the shareholders of Pepe Jeans Group, holding 11.5% of the latter, but L Capital Asia LLC and L Capital remain independent.

Its assets include

Brand Pepe Jeans and menswear brand Hackett's Pepe Jeans Group hired Morgan Stanley (NYSE:MS) Morgan Stanley in July this year as a consultant to seek sale.

The Spanish private equity fund Torreal SCR SA and Arta Capital SGECR SA have 31% and 16.4% stake in the group respectively, and the remaining 30% stake is controlled by the group management team.

Pepe Jeans was founded in London in 1973, and its business is now in over 60 countries worldwide.

Pepe Jeans Group 2014 realized revenue of 515 million 980 thousand euros, up 7% compared to the same period last year, of which Pepe Jeans Jeans and Hacket sales increased by 8.3% and 4.2% respectively, and net profit increased by 58% to 47 million 950 thousand euros.

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In the cradle of the knitwear industry in the United Kingdom, Scotland was born with such a brand, Pringle of Scotland, and the first design of the classic of (Argylepattern) inlaid pattern.

This classic pattern not only wins the favor of Duke of Windsor, but also raises the craze for contemporary fashion.

In 2015, when Pringle (Pringle of Scotland) 200th anniversary, Pringle (Pringle of Scotland) will continue to show its pursuit of superior quality, unique style, authenticity, and innovative brand DNA.

It is also such a crucial brand management concept that supports the design and creation of the brand spanning two centuries and becomes one of the oldest fashion brands.

To commemorate the creation of brand 200th anniversary, Pringle (Pringle of Scotland) opened the classic retrospective exhibition of "Fully Fashioned Pringle".

Pringle (Pringle of Scotland) classic retrospective exhibition will trace back to brand history and tradition. Through the creativity of well-known curator Alistair ONeil (Alistair O'Neill), we should explore the core position of knitwear in modern fashion.

The classic retrospective exhibition of "Fully Fashioned's story" was first previewed by the February London dress week in the Serpentine Gallery, and then officially launched in April at the National Museum in Scotland, Edinburgh, after which the tour is planned for the United States and Asia.