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

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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Business

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 |INTERVIEW

Hunkemöller ramps up expansion plan, thanks to support from new owners

It is full speed ahead for Dutch lingerie retailer Hunkemöller, now that the Carlyle Group has officially finished its acquisition of the company from its former owners PAI Partners. With the new owners firmly backing the high street retailer’s now three-year plan, which includes expanding its store portfolio network to count over 1,200 stores...