BERLIN — Permira, the private-equity backer and major shareholder of Hugo Boss, has recapitalized Red & Black Lux Sarl, its investment holding company for the fashion company.
The move gives one of Permira’s largest investors, SVG Capital, cash in the amount of 110.9 million pounds, or $179.2 million, returning 47 percent of its initial investment. All conversions are at current exchange.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
"That's something that resonates with me too because I'm so locked into a number. If I go over that number it completely ruins my day so it's nice to get detached from the number on the scale." - Chelsea Handler on Kelly LeVeque's book "Body Love." #wwdeye (📷: John Salangsang)