| Small Talk • Looking for far more promising investment concepts |
| 30.10.2013, 01:53 - fepzomdw - Hohlbratze - 797 Posts Who will buy Blend Retail Brands Not necessarily two years after going into receivership after the failure of the company's restructuring bid,www.jimmyshowbiz.com/archives/category/parajumpers-jakke-oslo, Hawaiian shoe and "rugged outdoor lifestyle" brand Colorado just been put up for sale simply by its privateequity owners,parajumpers rea, Anchorage Funds Partners and Glaciers Canyon. (The company also is important as shareholders Nomura, Rabobank and also National Australia Financial institution.) The business has since been renamed Combination Retail Brands and also counts women's manufacturer Diana Ferrari, jeans retailer JAG and shoe retailer Mathers in addition to Colorado. Of course, this is not the first attempt for a sale for the store group. As The Quarterly report Morning Herald accounts, "There were attempts to promote the business and others within the stable 18 months previously but offers that ran to about $110 million,Parajumpers Norge, did not meet anticipations according to industry colleagues Since then a new supervision team has been working on restructuring the businesses, developing the omnichannel outlet and taking costs from the businesses." Nonetheless, as the Herald proceeded to report,Parajumpers, "The most up-to-date set of accounts for the actual 2012 financial 12 months show the group's revenue revenue of $244.Four million and a web loss of $13.2 million." It may still be any buyers' market when it comes to distressed retail makes like those being put on the block by Fusion. Possible suitors could include Premier Investments (ASX: PMV), with its considerable million cash group and chairman and list veteran Solomon Lew a key turn in Colorado's 1999 float after which expressing interest "at the right price" in some of Fusion's manufacturers according to media reviews some 18 months back. Other candidates might include retailer Kathmandu (ASX: KMD), using its solid outdoor apparel and gear business, or even Super Retail Class (ASX: SUL),Parajumpers Gobi, operator of Cool dude Sport. Looking for far more promising investment concepts? Don't miss out! Two of Australia's most promising small companies are still flying under the radar. Discover these two thrilling ASX investments in our brandnew special FREE report, "2 Modest Cap Superstars". Packed with stock ideas and trading advice, it is essential looking at for anyone looking to construct and grow their riches in the years forward. This article contains general investment advice only (underneath AFSL 400691). |