JPMorgan Chase & Co tasked with finding a buyer for the Isabel Marant brand

JPMorgan Chase & Co tasked with finding a buyer for the Isabel Marant brand

Sumary of JPMorgan Chase & Co tasked with finding a buyer for the Isabel Marant brand:

  • For several months now, there have been rumors in the industry that the Isabel Marant brand might be sold.
  • Watch catwalkIsabel Marant – Spring-Summer2022 – Womenswear – Paris – © PixelFormula Now a possible sale is back on the agenda at the end of February.
  • According to the same sources, the seller expects Isable Marant to be valued at a billion euros, then it will be ready for a deal.
  • At the moment, it is not known whether we are talking only about the share of Montefiore Investment, or about the entire company (Isabelle Maran owns 39%, another 10% is owned by the top management of the brand).
  • In 2019, the brand’s turnover amounted to 175 million euros, most of it came from exports, Les Echos reported.

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