86
Fashion Jobs
SHISEIDO
K-Key Account Lead
Permanent · HO CHI MINH CITY
ADIDAS
Senior Director Product Creation Ftw
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Corporate Affairs & Reputation Manager - Corporate Affairs & Engagement
Permanent · HO CHI MINH CITY
JO MALONE LONDON
Education Manager, Jml/lm
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Senior HR Operations Executive/ Assistant Manager
Permanent · HO CHI MINH CITY
ADIDAS
Key Account Manager (Franchise)
Permanent · HO CHI MINH CITY
ADIDAS
Senior Manager, Commercial, Adigolf, Vietnam 1
Permanent · HO CHI MINH CITY
ADIDAS
Key Account Manager 1 (Franchise)
Permanent · HO CHI MINH CITY
COLUMBIA
lo Costing & Engineering Manager
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Category Manager - Cpd
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Business Planning Manager - Cpd
Permanent · HO CHI MINH CITY
ADIDAS
Senior Manager Product Creation (Sportwear)
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Product Manager - Shu Uemura
Permanent · HO CHI MINH CITY
ADIDAS
Manager, Quality Product Integrity
Permanent · HO CHI MINH CITY
TAPESTRY
Manager, Manufacturing Engineer
Permanent · HO CHI MINH CITY
SPECIALIZED
Painting Quality Engineer - Bình Dương, Vietnam
Permanent ·
ON RUNNING
Social Compliance Specialist - Hcm Based
Permanent · HO CHI MINH CITY
ADIDAS
Senior Manager, Sourcing Operations
Permanent · HO CHI MINH CITY
WILLIAMS SONOMA
Wood Sustainability Specialist - (Global)
Permanent · THUẬN AN
PUMA
Manager Quality Apparel & Accessories
Permanent · HO CHI MINH CITY
PUMA
Senior Executive, Finance
Permanent · HO CHI MINH CITY
PUMA
Head of Quality Footwear
Permanent · HO CHI MINH CITY
Published
Apr 11, 2018
Reading time
2 minutes
Download
Download the article
Print
Text size

Hema owner struggles with sale of chain

Published
Apr 11, 2018

British investment company Lion Capital, which is the owner of Dutch retailer Hema, is currently struggling with the sale of the chain.

Hema children clothing department - Photo: Hema


Potential buyers have questioned the strength of the retail chain following its recovery. They believe that the seller is giving too rosy a picture of the retailer and therefore asking too high a price in return, sources familiar with the matter told Dutch newspaper Het Financieele Dagblad (FD).

In September 2017, the retailer first announced that it is exploring the options of a possible sale. In December 2017, it was reported that Hema received a joint no-obligation bid from Dutch investors Gilde Buy Out Partners and Alpinvest. Lion Capital, allegedly required at least € 1 billion for Hema, according to reports at the time. A source told FD: “They may try an IPO if a sale does not deliver enough,” as published in the newspaper on 21 December 2017. Hema CEO Tjeerd Jegen had previously not ruled out an IPO.

Negotiations have been running low for some time now. According to FD, potential buyers believe that the growth of Hema is accompanied by the growth of the economy, which raises the question of how well the retail chain will perform if the economy falters again.

Hema expects that it will be able to give an update on the sales process in the summer.

Hema first opened its doors in 1926 in Amsterdam. Today, the chain operates more than 700 stores in 9 countries and employs 19,000 people. The offer consists of 32,000 of its own-brand products, which include apparel, beauty products and food.

Copyright © 2024 FashionNetwork.com All rights reserved.