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Valentino'S Valuation Is US $2 Billion 270 Million, Not Considering Listing.

2015/10/14 13:48:00 23

Luxury Fashion BrandValentinoFashion Brand

According to the news, Italy clothing brand Valentino has the chance to become the next brand new brand of $one billion in fashion industry.

In early September, Valentino released its first half performance report.

Fashion industry has rarely been seen since Jimmy Choo IPO last year.

Luxury fashion brand

Landing in the capital market, sources from Milan, media outlets predict that Italy's luxury brand Valentino will be on the market.


According to US media reports, Valentino continues to grow in scale and reputation. In fact, the company's performance has increased by more than three times. The company expects sales to reach 1 billion euros by the end of this year, or 1 billion 130 million dollars at current exchange rate.

Valentino

The company's CEO Stefano Sassi said that this year is a symbolic turning point. We will reach a new stage and expect the company's valuation to reach 2 billion euros (US $2 billion 270 million).

Last Friday, the company responded to a media report that Valentino was close to the public market. A company spokesman said: "shareholders and management of the company will focus on expanding the global influence of the brand."

When asked whether Valentino will be listed in the future or whether the company has plans to acquire other fashion brands, Sassi declined to disclose details, saying that Valentino did not need to inject foreign capital, and said that investment company Mayhoola was indeed interested in luxury investment, but it was necessary to see if there was a suitable opportunity.

Mayhoola, an investment company, said: "this reaffirmed the original intention of our acquisition of Valentino. When we bought the brand in 2012, we plan to build a successful luxury platform.

Therefore, the growth plan of Valentino is still the focus of attention of shareholders and management.

This means that the acquisition and listing of luxury brands at the same time will not be considered for the time being.

Rothschild group, an investment adviser to investment company Mayhoola, declined to comment on this speculation.

Mayhoola constantly keeps the different luxury brands in its pocket, including Italy menswear brand Pal Zileri and jewelry brand Anya Hindmarch.

When Mayhoola decided to invest in Valentino, it indicated that it planned to develop a long-term management plan for the brand to stimulate all potential of the brand. The company thought Valentino was very suitable for becoming the foundation of global luxury goods.

Last Friday, Valentino CEO Stefano Sassi said, "Mayhoola has expressed its strong support for the current Valentino initiative, and continues to focus on the long-term development of the brand and elevate the brand to a new level."

According to the news, Italy clothing brand Valentino has the chance to become the next brand new brand of $one billion in fashion industry.

In early September, Valentino released its first half performance report.

The company has regularly announced year-end financial results, but this is the first time it has published semi annual financial data.

In the first half of fiscal year 2015, its sales rose to 478 million euros (about 530 million 600 thousand dollars) from 59% euros (about 412 million 300 thousand U.S. dollars) in the same period last year, up 59%.

Profits before tax depreciation and amortization rose to 87 million 500 thousand euros (about 971 billion US dollars), compared with 46 million 700 thousand euros (about 64 million dollars) in the same period last year.

Among them, 10% growth is related to the foreign exchange rate.

In the first half of 2011, sales amounted to 152 million euros, while the gross profit before taxes and depreciation and amortization amounted to 9 million 300 thousand euros EBITDA.

Despite media reports that Valentino is expected to be listed as soon as possible next year, according to sources, the data released by Valentino is likely to only stimulate potential investors' interest, not for listing.

Sassi has been committed to the expansion of online retailing, and is also expanding its wholesale customers to find new markets.

Valentino creative director Maria Grazia Chiuri and Pierpaolo Picciol continue to add fresh elements to the brand, enhancing brand activity and arousing customers' desire to buy.

This year, the industry speculated that there were four hotspots.

Fashion brand

In addition to Valentino, there are Tory Burch, Diane von Furstenberg, Versace.

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