Carlyle Group news and archive

Carlyle close to finalising sale of Twinset for just under 200 million euros

US fund Carlyle is about to conclude an agreement to sell the Italian ready-to-wear brand Twinset to the investment groups Borletti and Quadrivio, according to sources close to the matter cited by Reuters. The transaction, expected in the coming days, would value the brand at just under 200 million euros, amid significant debt. Founded in 1987...

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Business

Change of ownership: Hunkemöller back in American hands

After three years under Dutch ownership, lingerie chain Hunkemöller is changing hands again, according to a press release. Investment firm Redwood Capital Management is taking over from Parcom and Opportunity Partners. “This change of ownership marks a new chapter for the leading European lingerie brand,” said Hunkemöller. Hunkemöller recently...

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Business

The Carlyle Group acquires majority stake in retailer End.

Global investment firm The Carlyle Group has acquired a majority stake in luxury, streetwear and sportswear retailer End. In a statement, The Carlyle Group said it was acquiring the stake from founders Christiaan Ashworth and John Parker, who will retain a “significant minority stake” and remain co-chief executives of the company. Index...

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Private equity firm Permira acquires Golden Goose from Carlyle Group

New York – Golden Goose, Permira and The Carlyle Group (NASDAQ: CG) announced Wednesday that the private equity firm will acquire Carlyle’s majority stake in the Italian luxury fashion brand. The transaction is subject to customary conditions and is expected to close in the next months. “This is really about backing the sneaker trend, the...

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Fashion |TIMELINE

The Rise of Supreme - From a skate store to a billion dollar fashion company

London - Cult skatewear brand Supreme made headlines last week after news emerged that it had sold a 50 percent stake in the business to private equity firm Carlyle Group. The streetwear-inspired brand is said to be worth 1 billion US dollars now, as the brand is poised for global expansion. Supreme's founder, James Jebbia, has spent years...