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.”
Operating nationally, the company designs, installs, maintains, repairs, and services a vast range of air conditioning and refrigeration equipment.
Highly reputable residential care home located in Greater Manchester, offering exceptional elderly care services with registration for 25 residents. Situated in a sought-after area, the facility benefits from excellent local demand and strong growth...
A well-established fish and chip shop in a prime Edinburgh location is available for purchase, presenting a unique opportunity for anyone looking to enter or expand in the thriving food industry.
LEASEHOLD
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.