Mon, 25 Jul 2011 | BUSINESS SALE
Luxury men’s swimwear brand Vilebrequin has been put up for sale. It is thought an investment bank will soon be appointed to seek out a buyer.
The brand, which sells fun, quirky patterned swimming trunks with £100 price tags,is expected to attract numerous bidders. Morgan Stanley has already been identified as a front runner for the sale.
Hollywood stars are partial to the brand, with Jack Nicholson, George Clooney, Michael Douglas and Prince William all recently spotted wearing a pair.
The brand was bought by Dutch private equity house, Fashion Fund One, in 2007.
The Vilebrequin brand – the French word for ‘crankshaft’, part of an automobile’s engine – began in Saint-Tropez in 1971. Early designs featured fast-drying fabric, which was innovative at the time.
The reasons for the sale were not revealed, the firm has, however, recently announced the purchase of a new store in Covent Garden, London, as part of its expansion plans.
President and CFO of Vilebrequin, Agnes Sarah Espinasse, commented: “The acquisition of our new store in London’s Convent Garden further strengthens our position in the UK market and globally.”
An established freight forwarder with over 30 years of experience in the North West UK is seeking an active buyer to continue its legacy of reliable logistics services.
An established Independent Financial Adviser (IFA) firm in the North-West with £100 million Funds Under Management presents a unique acquisition opportunity.
An opportunity has arisen to acquire a prominent Scotland-based hub with an impressive £500 million of funds under management.
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.