Glossybox is said to have about 50 million pounds in revenues.

Sources say it remains unclear how much of the company they’re willing to give up.

Glossybox is said to be growing at about 30 percent.

The deal marks the firm’s first investment from its new fund.

The deal will allow the jewelry designer to expand into all manner of lifestyle products.

The company reports Q2 results today.

Private equity funds are likely to be main actors as European conglomerates sit on the sidelines.

According to market sources, representatives for the Beirut-based fashion house have been putting out feelers to potential partners.

Qatar Luxury Group is ceding control through a 13.3 million-euro recapitalization deal for the leather goods maker.

The Italian group paid $14.25 million euros for the activity formerly owned by Wolverine World Wide Inc.

The Buccellati family and private equity Clessidra SGR retain a 15 percent stake in the jewelry firm.

The investment will support the further international expansion off the men’s wear label managed by president Carlo Rivetti.

With the two big hedge funds no longer considering a bid for Sears Canada, others might decide to make an offer.

The parent of Joie, Equipment and Current/Elliott hired the merchant to rev up its brands and expand its portfolio into designer, beauty and lifestyle categories.

The sporting goods firm plans to sell the brand to a newly formed affiliate of Birch Hill Equity Partners.