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Seafolly sold to mysterious Asian buyer by private equity parent
2024-11-06 03:38Homegrown swimwear brand Seafolly has been sold by its private equity owner, US retail specialist L Catterton, to an Asian strategic buyer in a deal valuing the famous label at about $70 million ...
Seafolly swimwear brand sold to mystery Asian buyer for $70 million ...
Seafolly, founded in 1975 by Peter and Yvonne Halas, was initially a family business. In 2014, the Halas family sold a 70 per cent stake for about $70 million to L Capital Asia, and later in 2016 ...
seafolly sold: Australian bikini firm Seafolly sold - 9News
Seafolly was started in 1975 by Peter and Yvonne Halas in Bondi Beach Sydney making it almost 50 years old. It currently has 30 stores - half what it used to have- and is sold in 50 countries.
Seafolly close to landing $10 million in inventory-backed debt
The new owner of women's swimwear and beachwear group Seafolly is close to finalising a $10 million inventory-based debt raise from Hilco Capital, according to three sources with knowledge of the transaction.. Seafolly was sold for a reported $70 million earlier this year to Hong Kong based Bondi Brands Group. Former owner, private equity firm L Catterton enlisted FTI Consulting to handle the ...
Seafolly to be saved from collapse by its former owner
Seafolly entered administration in June, citing the toll of the coronavirus pandemic as its reason for collapse. Creditors will receive a Deed of Company Arrangement on Monday night and vote for ...
Seafolly may have kept trading while insolvent but is set to be saved ...
ANZ Bank is the main secured creditor and is owed $12.8 million. Seafolly also owes $166,100 to the Australian Tax Office with payment deferred until September by agreement with the Australian ...
Seafolly set to be sold back to original owners - The Sydney Morning Herald
Seafolly was placed into administration in late June, with the "crippling financial impact" of COVID-19 cited as the reason for the retailer's collapse. At the time, the company had 44 stores in ...
Seafolly Aussie firm for sale, after being saved from administration
Seafolly, one of Australia's most celebrated and glamorous swimwear brands, is being sold, less than three years since it was saved from administration during the Covid-19 pandemic.
Seafolly creditors query quick sale - Financial Review
Seafolly creditors query quick sale. Sue Mitchell Columnist. Jul 22, 2020 - 3.30pm. Collapsed swimwear company Seafolly has been haemorrhaging cash for a long time and needs to be sold quickly ...
Seafolly up for sale as private equity owner markets 'iconic' brand
Apr 30, 2023 - 12.00pm. Less than three years after saving Seafolly from administration, the swimwear label's private equity owner is putting the high-profile Australian brand up for sale ...
LVMH-Backed Buyout Firm Puts Seafolly Up For Sale, AFR Says
The private equity firm, which is backed by luxury giant LVMH Moet Hennessy Louis Vuitton SE, has engaged FTI Consulting to handle the process, the AFR reported, citing documents circulated to potential buyers. This is set to be the second major Australian consumer brand changing hands this year after the sale of the luxury cosmetics brand ...
Australian swimwear icon Seafolly enters into voluntary administration ...
Seafolly has become the next victim of Australia's challenging retail landscape, and yesterday announced that it is entering into voluntary
Seafolly has stores located in Australia, United States and Singapore, and over 2700 stockists worldwide. Seafolly was founded in 1975 by Peter and Yvonne Halas. Their son Anthony Halas took over as CEO in 1998 and went on to expand the brand into Europe, North America and Asia. In December 2014, L Catterton Asia acquired a controlling interest ...
Women's Seafolly Sale | Up to 70% Off | THE OUTNET
Seafolly's mission is to "share the spirit of Australian summer" with women all over the world. Turning out eye-catching swimwear since 1975, the label's suits and coverups capture the bohemian spirit of Aussie beach life. We especially love the painterly florals and bold prints. more. Filter 42 Results.
Women's Swimwear, Beachwear & Accessories | Seafolly Australia
Seafolly is the ultimate destination for women's swimwear, beachwear and accessories, inspired by the Australian lifestyle. Whether you are looking for a bikini, a one piece, a beach dress or a kaftan, you will find it at Seafolly. Shop online and discover the latest trends, colours and styles from Seafolly.
Swimwear, Beachwear and Kids Rashies | Seafolly Australia
Seafolly was born on the beaches of Sydney, Australia, in 1975. Our swimwear, beachwear and accessories are designed with women in mind, providing shapes and support to suit a variety of body types, ensuring you feel confident, always.
Seafolly sales went backwards under private equity - Financial Review
Jul 7, 2020 - 2.28pm. Sales at iconic swimwear brand Seafolly went backwards under the ownership of a private equity firm backed by global luxury goods house LVMH. According to an information ...
Payment methods accepted. Seafolly, Australia's most recognized swimwear and women's beachwear fashion brand. Shop for the latest bikinis, one pieces and beach clothing online now.
Shop Women's Sale Swimwear, Beachwear, and Accessories | Seafolly ...
USD $118.00 USD $54.00. Final Sale. Color Crush High Rise Looped Side Bikini Bottom - Fuchsia Rose. USD $98.00 USD $45.00. Final Sale. Neue Wave Mesh Tank Bikini Top - Black. USD $128.00 USD $77.00. Final Sale. Neue Wave One Shoulder Cut Out One Piece - Black.
LVHM集团控股的澳大利亚泳装品牌Seafolly宣布破产 - 赢商网
核心提示:LVHM集团控股的澳大利亚泳装品牌Seafolly宣布破产,因新冠病毒疫情对其造成了极其严重的财务影响,Seafolly在美国,新加坡和法国设有 ...
Swimwear, Beachwear and Kids Rashies | Seafolly Australia
Add a touch of elegance to your beachside adventures with Ciao Bella Check, easily paired with our new Sea Dive in Turquoise. Shop Now. 15. Sea Dive Deep V Neck One Piece - Turquoise. GBP £95.00. Ciao Bella Check Slide Triangle Bikini Top - Azure. GBP £65.00. Ciao Bella Check Bandeau One Piece - Azure. GBP £125.00.
Shop All at Seafolly | Seafolly Australia - Seafolly US
Shop all our favourite beachwear, swmwear and accessories at Seafolly. Explore all products and find your perfect fit. Skip to content. Free Gift With Purchase over $250 - Shop Now Free Shipping Over $150 Join The Beach Club - $20 off your first purchase ...
Swimwear, Beachwear and Kids Rashies | Seafolly Australia
Seafolly, Australia's most recognized swimwear and women's beachwear fashion brand. Shop for the latest bikinis, one pieces and beach clothing online now. Skip to content. Your Free Gift With Purchases Over $250 - Shop Now $20 off your first purchase - Join The Beach Club Free Shipping on orders over $150