Large Multi Brand Fashion Groups Dominate The Era

< p > The Jones Group Inc. hired Citibank this summer to find strategic investors.

The latest news shows that G-III Apparel Group intends to buy its clothing department, and private fund Sycamore Partners has seen the < a href= '> //www.sjfzxm.com/news/index_c.asp' > footwear with Nine West, Stuart Weitzman and other well-known brands.

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< p > Jones group was founded in 1970. After a series of mergers and acquisitions, it has gradually grown into a large fashion group with nearly 40 brands, including: designer brand Stuart Weitzman, Robert Rodriguez, Rachel Roy; classic a href= "//www.sjfzxm.com/news/ index_c.asp"; fashion brand "<";

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< p > at present, the company's stock market value is 1 billion 200 million dollars, liabilities 840 million dollars, and the company's value is 1 billion 940 million dollars.

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< p > 2012 sales amounted to US $3 billion 750 million, net loss of US $55 million.

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< p > sales in the first half of 2013 amounted to US $1 billion 850 million, with a net loss of US $2 million 900 thousand.

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P activist, activist investor of Barington, James Mitarotonda, the leader of Barington capital, has bought Jones group's shares and won a board seat, which has played an important role in promoting the merger and acquisition.

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< p > headquarters are located in New York Seventh Avenue's Jones group, Liz Claiborne and Kellwood group. They are representatives of the large multi brand clothing group that once dominated the fashion retail market. They represent a dominant position in large department stores by multiple brand portfolios, and support the development of brands by providing ample retailer's markdown (money) for 100 cargo companies.

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In 2005, when p acquired Messi department store and made up of Messi department store, the power of retail channels became increasingly concentrated and focused more on exclusive brand names. The advantages of large multi brand groups with uneven brand size were gradually disintegrated. "Federated"

Over the past two years: < /p >

< p > Liz Claiborne group sells the same brand, renamed Fifth &Pacific, and sells or is selling Mexx, Juicy Couture, Lucky Brand and other brands, leaving only a single Kate Lucky.

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< p > private equity fund Sun Capital's Kellwood group (its brand Rebecca Taylor, David Meister, XOXO, My Michelle, My, and so on) has acquired some brands such as, "," and "brand" in recent years.

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The potential purchaser G-III of P Jones group is authorized manufacturer of famous designers such as Calvin Klein, Kenneth Cole and Tommy Hilfiger, with a market value of US $1 billion 400 million, and is planning to acquire the brand resources through acquisitions. This month, it purchased the G.H. Hilfiger & amp; PVH from the PVH group for just 50 million US dollars.

It is not clear if G-III will buy all the 35 clothing brands after the acquisition of Jones's clothing department or sell some of them.

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< p > private equity fund Sycamore is an active investor in the clothing industry. Not long ago, it bought the purchasing department of fashion group Limited Brands, fashion brand The Talbots Inc. and Hot Topic Inc., and also held the shares of A Topic.

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< p > Sycamore had planned to join hands with the private giant KKR to compete for Jones group as a whole, but because KKR gave up halfway and gave up.

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< p > the long term authorized partner of Nine West, the famous shoe brand Sherson Group, is interested in buying this brand.

Several other active investment institutions in the fashion industry: Leonard Green & Partners LP, Golden Gate Capital and Iconix Brand Group Inc. are said to have expressed interest in some brands belonging to the group.

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