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...Italian luxury bag and shoemaker Tod’s plans to go private in a deal with LVMH-backed private equity firm L Catterton, ending more than two decades as a public company on the Milan stock exchange....
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...The luxury shoemaker’s controlling shareholder, Italian entrepreneur Diego Della Valle, has teamed up with LVMH-backed private equity group L Catterton to take Tod’s private....
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...Italian entrepreneur Diego Della Valle, the controlling shareholder of Tod’s, has teamed up with LVMH-backed private equity group L Catterton with a bid to take the luxury shoemaker private....
...An initial public offering valuation of $8bn would price the shoemaker at around 18 times forecast adjusted ebitda for this year....
...sarah.oconnor@ft.com...
...“We definitely saw a reaction, particularly among highly leveraged firms,” said Hargreaves Lansdown’s head of personal finance Sarah Coles....
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...German shoemaker Birkenstock’s IPO, meanwhile, could be valued above $8bn — unlocking a big return for its owner L Catterton, the private equity firm backed by French luxury fashion house LVMH....
...Now try this I saw L’immensità last night....
...Hood for its foldaway bonnet-style hats (£49, l-hood.com)....
...The company has been without a permanent leader since Sarah Bentley quit after a boardroom row in June....
...harrods.com Pacific Compagnie brass-finish Full Moon lamp, €950 Pepe Albargues wool and wood Twin Moon chair, £3,650, pamono.co.uk Clio Peppiatt bead-embellished mesh Moon top, £350, selfridges.com L’...
...A valuation topping $9bn would mark an impressive outcome for L Catterton, which is backed by the French luxury fashion house LVMH....
...He has made tortoise-shell panels for a bar created by Barlow & Barlow and collaborated with Sarah Vanrenen on a series of tortoise-shell and malachite lamps and shades in different colourways....
...Musée de l’Orangerie, Paris, to May 29, musee-orangerie.frMusée Matisse, Nice, June 23-September 24, musee-matisse-nice.org...
...The illegitimate Mariam is married off at 15 by her wealthy father to Rasheed, a shoemaker who becomes viciously abusive. Laila, 19 years younger, is born into a happy, well-to-do family....
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