Thursday, November 30, 2017

Carlyle's Newest NYC Retailer

Business of Fashion reported:

Carlyle-Backed Twinset Plots Expansion
The Italian fashion brand will open its first US store in New York, with plans to take on London in 2018.


Other Carlyle retailers in the Big Apple include Supreme:


Golden Goose Deluxe Brand:


And former holding Moncler:


Most are European imports.  American based Supreme went the other way to London, Paris and Japan.  Carlyle's dream is to expand affiliates, mine them for cash and flip them for a multiple of their original equity investment.  It's the PEU way.