Carlyle Said to Near Deal for U.K. Online Luxury Retailer End

Carlyle Group Inc. is nearing a deal to invest in U.K. online fashion retailer End Clothing, people with knowledge of the matter said.

The private equity firm beat out rival bidders for a stake in the Newcastle-based company, the people said, asking not to be identified because the information is private.

End was founded more than 15 years ago by entrepreneurs Christiaan Ashworth and John Parker. It sells a variety of men’s modern fashion and has relationships with more than 400 luxury brands and designers including Givenchy, Alexander McQueen, Kenzo and Valentino, according to its website.

The company runs physical stores in London’s Soho shopping and entertainment district as well as Newcastle and Glasgow. Its profit after tax increased 20% in the year through March 2020 to reach 26 million pounds ($36 million), according to U.K. corporate filings. Revenue for the period rose 27% to 170.5 million pounds.

Goldman Sachs

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Luxury Clothing Brand, Heri-M, Creates Apparel That Focuses On Self Expression and Love – Press Release

Heri-M is currently carving a niche for itself in the luxury fashion industry. Deeply rooted in local luxurious heritage, Heri-M has turned years of experience in the clothing industry into its main asset. With support from loyal customers, the company has come up with a unique type of premium cloth branding, which focuses on self-expression and love. The brand offers an array of unisex clothing options from sportswear to formal wear and from petite to plus size. An ideal luxury fashion brand, Heri-M has been praised by Cosmopolitan.

As an exclusive fashion company, they operate with ethical trade practices while offering premium clothes to its customers. Having occupied the online selling space for many years, the brand boasts of a good reputation which gives ample guarantee of reliability. With an emphasis on quality, Heri-M is a luxury clothing brand that explores creativity to produce original designs. Equipped with the knowledge

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