The transfer of shares affected 58.9% of the capital, previously controlled by Torreal, Artá Capital and L Capital, while the executive team continued in the company’s capital. Pepe Jeans London is a denim and casual wear jeans brand established in the Portobello Road area of London in 1973, and now based in Sant Feliu de Llobregat, Spain. Next to running this daily magazine I'm working as a freelance marketing specialist for brands and retail. The pact happened through two ventures that went fifty-fifty between Spain and United Kingdom. After the entry of M1, the group did a corporate reorganization, and PJL Investments, located in Netherlands, became a shareholder of 100% of Pepe Jeans Group SLU. [8][9], "Pepe Jeans Said to Hire Morgan Stanley to Sell Business", "Pepe Jeans has already found a buyer | The Luxonomist - Lujo, economía, moda, lifestyle", "Pepe Jeans: from Portobello Road to private equity sale? Back then, Pepe Jeans group owned Hackett and counted with a revenue of 347.3 million euros in the fiscal year ended March 2010. [4], In 1988, Pepe Jeans was owned by Arun, Nitin and Milan Shah. In Europe, Italy was one of the group main expansion strategies, that in 2013 reached seven establishments in this market. The bad performance in the last two fiscal years, led the company to a restructuration process. Both companies created a jointed society of which the Spanish group controlled the majority. ", "Pepe Jeans Group bought by LVMH subsidiary and Lebanese group", "Pepe Jeans Group launches Norton Clothing", "Marcella Wartenbergh named CEO of Pepe Jeans", "Brands: Meet Pepe Jeans Group's new CEO", https://en.wikipedia.org/w/index.php?title=Pepe_Jeans&oldid=976823132, Creative Commons Attribution-ShareAlike License, This page was last edited on 5 September 2020, at 07:26. A couple of years ago Pepe Jeans made a great creative video to show their history. And at least two of them happened in the last decade. MDS does not perform prior verification for the publication of comments. Even though the company thought of opening the business to a minority investor, some groups have shown interest in acquiring a major share of the Spanish giant in the Indian market. Enter your name and email address to be able to comment on this news: once you click on the link you will find within your verification email, your comment will be published. These companies were previously owned by Torreal Funds (31 percent), Artá Capital (16.4 percent), L Capital Europe (11.5 percent), and its managers. India and China added to the markets where the brand was already present, countries like Spain, Portugal, United Kingdom, France, Germany and Italy. The American bank will negotiate with Bbva, Santander, CaixaBank, Bankia and Barclays, the refinancing of a 250 million euros loan, that expires in June 2021. Carlos Ortega was the CEO, and owns more than 20% of the company. The Spanish company closed an agreement with Chetan Shah to take control over its distribution in the Indian market. The group continued its expansion in 2015 with a new Brand, Norton and closed that fiscal year with a revenue of 550 million euros. In the 90’s, Pepe Jeans continued its expansion strategy in Europe and seduced all of France, Italy, Spain, Netherlands, Portugal and Switzerland. Pepe Jeans is, without a doubt, the biggest success of venture capital in the Spanish fashion. In April 2014, the Spanish company sold Coach, 50% of the jointed society.