France's Interparfums said on Tuesday that it had a 'Non Disclosure Agreement' with luxury shoe retailer Jimmy Choo and was therefore not able to discuss reports that it was among potential bidders for the company.
The news flow around Jimmy Choo’s sale may have been pretty slow since it was first put on the block a few months ago but at least we now know some of the interested bidders. Step forward Michael Kors.
L’Oréal’s plan to sell its ethical beauty retailer The Body Shop could be hurt by falling profits at the UK-based operation, and the chain's ethical stance could also be a stumbling block, according to reports.
European private equity firm Investindustrial has invited the investment vehilce of Alibaba's founder Jack Ma to submit a last-minute joint bid of more than 800m euros for L'Oreal's The Body Shop, according to sources.
Spanish fragrance maker Iberchem has attracted first-round offers from several private equity groups in a deal potentially valuing the company at about 400 million euros ($448 million), people close to the matter said.
Swiss luxury watchmaker Breitling, whose sought-after timepieces are worn by celebrities including David Beckham and John Travolta, has been sold to CVC Partners, the private equity group revealed Friday.