In a world of ready-to-wear in the midst of an existential crisis, this is a feat. The Experienced Capital fund has just sold the 45% it held in the Sister brand by multiplying its stake by six. "Doubling down is already very good," says Emmanuel Pradère, president of Experienced Capital. Multiplying it by six is very rare. Even in a context of deconsumption, there is still a lot to gain in fashion, provided you are well positioned."
Soeur accumulates the good points: the label embodies a certain Parisian chic, its collections are more timeless, its quality clothes resist for a long time and are 15% cheaper than those of its rivals in the "accessible luxury" segment (Bash, Sandro ...). Soeur makes 30% of sales online, the rest in its 50 stores. Valued at €70 million, it expects €50 million in revenue this year (compared to €5 million in 2016, when Experienced Capital acquired a stake) and 20% in operating profit. It's...
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