Private equity has always been drawn to fashion brands, and The Carlyle Group is no exception. Adding to its existing stable, which includes Chinese womenswear group Ellassay and Italian luxury sportswear label Moncler, the US-headquartered firm has today bought Light Force, Private Equity International can exclusively reveal.
Light Force owns womenswear brand Twin Set Simona Barbieri, a fast-growing brand targeting the “accessible luxury” segment of the market.
Carlyle buys Italian fashion brand
The Carlyle Group has acquired the company which owns Italian womenswear brand Twin Set Simona Barbieri in a deal understood to be worth between €250m and €300m.
