Clessidra Will Inject Harmont&Blaine Into Casual Wear Brand

< p > Italy private equity fund ClessidraSGR has entered the exclusive negotiation stage in Italy a href= "//www.sjfzxm.com/news/index_c.asp" > leisure sportswear < /a > Harmont&BlaineSpA.

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< p > Harmont&BlaineSpA will sell a minority stake in exchange for ClessidraSGR's injection to accelerate the expansion of overseas retail business. The plan is to invest 80 million euros in the next three years with the support of new partners. The target will earn about 200 million euros before the initial public offering (IPO) in the first half of 2017.

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The income of < p > Harmont&BlaineSpA2013 increased by 17.7% to 71 million euros compared with the same period in 2012. The income in 2012 was 60 million 300 thousand euros, and the profit before EBITDA (interest tax depreciation amortization) amounted to 13 million 100 thousand euros, an increase of 24.7%. Net profit rose 157.8% to 4 million 900 thousand euros from 1 million 900 thousand euros in 2012.

Group CEO DomenicoMenniti revealed in December last year that revenue in 2014 is expected to grow to 90 million euros.

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< p > 1986 Harmont&BlaineSpA Caivano kevevo in Naples, Italy was founded by the Menniti family. Menswear is the core business of the brand, while Italy is still the main market. In the current 139 independent stores, 69 are located in Italy.

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< p > there are more than 1500 stores selling Harmont&BlaineSpA products.

Harmont&BlaineSpA hopes to enhance its international competitiveness with the help of ClessidraSGR, and achieve a healthier balance between Italy and a href= "//www.sjfzxm.com/news/index_c.asp" international income < /a >

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< p > Harmont&BlaineSpA plans to enter the Russian market this year, open three boutiques in Moscow, double the number of stores in Baku and Casablanca, increase investment in central and South America, and open stores in Mexico City, Queretaro, Cancun, Santa boulemi, Berg and Aruba international airports. In addition, Athens, Bucharest and Almaty will usher in Harmont&BlaineSpA.

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< p > ClessidraSGR has increased interest in < a href= "//www.sjfzxm.com/news/index_c.asp" > luxury goods < /a > and retail industry in recent years.

In March 2013, ClessidraSGR acquired the 70% stake of Italy jeweller BuccellatiHoldingItaliaSpA brillatti, and became the strategic partner of Italy luxury brand GianniVersaceSpA Versace, but eventually lost to the global private equity giant BlackstoneGroupLP Blackstone.

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< p > related links: < /p >

< p > Harmont&Blaine store is an ideal way to fully display the brand's own product line and brand concept.

Harmont&Blaine stores can make customers have a strong desire to purchase brand names and try out products in a brand friendly leisure and pleasant atmosphere.

Harmont&Blaine's cultural and cultural environment.

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< p > because Harmont&Blaine brand stores need to follow strict brand quality and taste style standards, they only choose the most important cities and tourist attractions in the world.

For example, Italy, Karp, Padova, Florence, Naples, Porto Rotondo, Porto Cervo, Turin, Ma Bei Bao, St. Raymond, Palermo, Athens, Miami, and Taiwan in China are all typical examples of Harmont&Blaine franchised stores.

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< p > in fact, Harmont&Blaine stores in many important cities such as Italy and Greece are still open in European countries.

From 2005 to 2006, Harmont&Blaine stores will be opened in the following cities: Milan, Italy, France, Paris, New York, Losangeles, Las Vegas, London, Spain, Barcelona / Parma, belon, Belgium, the joint head of Dubai, and the Caribbean Sea, San Domingo.

China's Harmont&Blaine has opened flagship stores in Shanghai, Beijing, Tianjin, Guangzhou and Shenzhen.

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