LionRock Capital secures 100% stake in Haglöfs to expand European market
LionRock Capital, has secured a 100% stake in outdoor performance brand, Haglöfs AB to solidify its position in the European market.
Source: just-style.com
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New Chinese owner tries on Clarks shoes for size
New Chinese owner tries on Clarks shoes for size The struggling shoe empire has been bought by a fund and will put its best foot forward in the Asian country 6 March 2021 • 3:00pm Clarks’ new Chinese owners are not afraid to admit that they had no idea how many shoes the 195-year-old firm sells each year. “If you would have asked me a year ago, I would have got it completely wrong,” says Tom Pitts from Lionrock Capital, the Hong Kong private equity fund that has fronted the takeover by Olympic gymnast-turned-retail billionaire Li Ning. The answer, 40 million pairs, “really turned ou...
Source: telegraph.co.uk