UNITED KINGDOM (Bloomberg) — The founder of Aspinal of London Ltd., the U.K. luxury handbag and accessory maker, is considering selling a minority stake to fund future growth, two people with knowledge of the matter said.
Chairman Iain Burton, who created the company in 2001, has held talks with private-equity firms over selling about 30 percent in a transaction that could value the company at as much as 150 million pounds ($253 million), said the people, who asked not to be identified because the talks are private.
Steve Aoki held a presentation, a runway show and outdoor concert for his men's line Dim Mak. Here's a look from his spring 2018 collection, which was titled "Paradise Found." #wwdfashion #wwdmens (📷: George Chinsee)
"It's really hard sometimes. I think I have a reputation for being really tough and aggressive and pushy but I really am a very shy person who wants to be liked, and that's the conflict constantly. There's something that takes hold - I want people to like me, I don't want to be mean - but if I see something that just cries out to be answered, I go for it," says renowned NBC News correspondent Andrea Mitchell. (📷: @axeldupeux)