Everstone Capital news and archive

PE firms bank on rising purchasing power of women

According to a recent industry study, even during the slowdown men and women responded differently to the price increase in apparel. Surprisingly, while men were quick to postpone shopping for clothes, resulting in a steep decline in volume sales, women shoppers showed resilience. The apparel prices for both men and women witnessed a...

Apparel

Everstone, India Value Fund, Aditya Birla eye stake in Spykar

Everstone Capital, India Value Fund and the Aditya Birla Group are said to be vying for a controlling stake in Spykar Lifestyle, the biggest home-grown denim brand. The three firms joined the race after Avigo Capital, which has 60 per cent stake in Spykar decided to exit mandating global investment bank Lincoln International to scout for...