Wednesday, September 16, 2015

European cowboy brand Pepe Jeans look for buyer to estimate to be worth EUR 800,000,000

according to report, Europe's growing up the quickest cowboy and recreational brand Pepe Jeans group has already formally entrusted Morgan now in the summer Stanley to look for buyer.The business that the group controls includes Pepe Jeans Lodon(about 60%), Hackett(about 30%) and Tommy Hilfiger is in Spain at of going together with and sending business, its accomplishment data has an equal attraction to latent buyer.
record according to the authorities, Pepe Jeans at 2013-14 wealth year(in 20134 beginning of the months go to 3 the end of the months, 2014), sales amount together compare increase 7%, attain EUR 516,000,000.Conduct profits to together compare to increase about 22%, more than EUR 52,000,000, the net profit is together smooth than more and greatly increase 58%, attain EUR 48,000,000.
report according to Spanish medium, Pepe Jeans estimates a value to attain EUR 800,000,000, is the decuple of its EBITDA(interest tax the depreciation is before the profits).Spain's investing company Torreal holds the group's 31% shares, is its biggest shareholder.Other big shareholders include Arta Capital and L Capital, they also at group management layer occupancy important position.

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