As report goes, Advent Hand in hand with the two companies to enter the final round of bidding. Three families have launched a due diligence investigation of Stuart Weitzman, which is estimated to take 2~3 months.

A strong investment banking team with Goldman Sachs and Citigroup as its subsidiary serves Stuart Weitzman's merger and acquisition. The lowest bid they require will be no less than 600 million dollars. Although the outlook is not yet clear, people familiar with the matter estimate that it is not impossible for the final bid to reach $800 million, depending on the size of the brand's future growth.

Leonard Green&Partners, the investor of J.Crew and Topshop, chose to give up after testing the water. Other potential buyers who look on the sidelines think Goldman's offer of $600 million plus is too high. If the founder Stuart Weitzman is no longer involved in the company's business, it will be hard to judge the future of the brand.

Stuart Weitzman as a relatively mature well-known. brand This year, business is mainly focused on expansion in Asia. By the end of this year, stores in Greater China are expected to be in 14 cities. At the same time, it is also developing e-commerce in mainland China, Hongkong and Australia.

Besides its shoes, its main line of business also includes handbags, handbags, wallets and other accessories.

The market believes that it is now a good opportunity to cash in on shoes and accessories. In October, the UK luxury shoe brand Jimmy Choo was listed in London. Its market value is more than 1 billion US dollars and is among the London FTSE-500 stock index.

If it is done, it will be the fourth time that Stuart Weitzman has changed hands.

In the 70s of last century, S Tuart Weitzman He sold the company he founded to a European company, repurchased it at the end of the last century, and sold it to The Jones Group of the US apparel group 10 years later (two shares in May 2010 and August 2012).

The Jones Group was bought by private equity Sycamore Partners in April this year for $2 billion 200 million. After taking over, Sycamore reorganized its brand portfolio, separated its superior Stuart Weitzman into an independent company, held a majority stake in Sycamore, and founded Stuart Weitzman as the executive chairman of the board of directors of employees.

Advent, a private equity fund, has been active in the consumer sector recently. This year, it completed second rounds of investment in the Canadian Yoga apparel brand Lululemon. Last month, it acquired the fast-growing Australian flavor yogurt Noosa.

Related links: C&A has always been in the forefront of the industry in the promotion of sustainable development. It emphasizes its leading position in the use of organic cotton every year. But it is amazing that the Holland brand has only been added to the post of chief sustainability officer until now. The position will be responsible for coordinating the innovative activities in this field and the global strategy for sustainable development, as well as the representative ambassadors, who are responsible for the environment related themes.

Jeffrey Hogue

The position is now fully responsible for Jefffrey Hogue. For the past three years, he has been holding similar global executive positions at McDonald's. He also worked in the DuPont Co for many years, in nutrition, health care, and even clothing Hold jobs in many other fields.

Jefffrey Hogue also has many multinational working backgrounds in China, the United States and Denmark. This time he will be inaugurated in Brussels, where the European headquarters of the group is located, and is also the seat of the European Commission.