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Experienced Capital tracks the changing tastes of affluent clients

2023-09-27T17:20:26.526Z

Highlights: Soeur 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. Valued at €70 million, it expects €50 million in revenue this year (compared to €5 million in 2016, when Experienced Capital acquired a stake) It's... this article is for subscribers only. You still have 71% to discover.Want to read more?Unblock all items immediately. Back to the page you came from.


DECRYPTION - The fund invests in leisure and catering rather than fashion.


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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Source: lefigaro

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