The American private equity powerhouse Carlyle Group is on the verge of finalizing a significant transaction involving the sale of the renowned Italian luxury fashion label Twinset. According to multiple sources close to the matter, the deal is expected to close within days, transferring ownership to Italy-based investment firms Borletti Group and Quadrivio. This transaction highlights evolving strategies within the luxury sector’s investment community amid ongoing market volatility.
Twinset, known for its elegant and high-end apparel, carries a notable debt load, which is a critical factor shaping the sale price. The purchase price is reported to be just under €200 million (approximately $224 million). This acquisition signals Borletti Group and Quadrivio’s confidence in revitalizing the brand and leveraging its heritage in the competitive luxury fashion market.
Twinset brand classified as a premium luxury fashion label
Deal price set at just below €200 million ($224 million)
Transaction includes existing debt obligations of Twinset
Borletti Group and Quadrivio poised to take over ownership
Carlyle Group divesting from Twinset as part of portfolio adjustments
This sale fits into broader patterns of private equity firms adjusting luxury fashion portfolios in response to shifting consumer demand and economic pressures. Borletti Group and Quadrivio’s acquisition presents an opportunity to inject fresh capital and strategic direction into Twinset, aiming to boost brand positioning and financial health.
Managing and reducing Twinset’s existing debt to improve financial stability
Enhancing brand visibility in key luxury markets, including Europe and Asia
Expanding product innovation to meet evolving consumer preferences
Strengthening digital marketing and e-commerce capabilities
Leveraging local Italian expertise to preserve and elevate brand authenticity
The forthcoming ownership transition of Twinset from Carlyle Group to Borletti Group and Quadrivio underscores a dynamic moment for the luxury fashion industry’s investment landscape. With a substantial debt backdrop and competitive market conditions, the new owners face both challenges and opportunities to reinvigorate the brand. This deal exemplifies how private equity and local investors collaborate to navigate the luxury sector’s evolving terrain.
The shift towards innovative investment strategies is paving the way for significant capital growth.