Lululemon founder sells half his stake back to the business Friday, 8th August 2014
Chip Wilson, founder of Lululemon, has lured several old colleagues back to the company’s board and, as an incentive, he plans to sell them half of his 27.7 per cent stake in the sportswear retailer.
Fifth & Pacific in late-stage talks to sell off Lucky Brand Tuesday, 23rd July 2013
Fifth & Pacific Cos Inc. is said to be involved in late-stage talks to sell off its fashion and denim label Lucky Brand to Advent International, a US private equity firm.
Wiggle set to appoint UBS ahead of possible floatation Wednesday, 19th October 2011
The deal by Wiggle majority shareholder Isis Equity Partners is “as good as done” according to Sky News, who reported on the expected appointment of UBS this morning. The news will bolster rumours that a floatation could be on the cards for the bike etailer, which could be valued in excess of £200 million.
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