52
Fashion Jobs
ZALANDO
Head of Engineering - Emerging Propositions
Permanent · HELSINKI
ESTÉE LAUDER COMPANIES
Beauty Advisor - Sokos Helsinki (Fulltime Temporary)
Fixed-term · HELSINKI
ESTÉE LAUDER COMPANIES
Full Time Beauty Advisor - Vantaa Airport, Helsinki
Permanent · HELSINKI
ESTÉE LAUDER COMPANIES
Estee Lauder Companies - Multi Counter Manager - Stockmann, Turku
Permanent · TURKU
MUJI
Avoin Hakemus - Myymälä
Permanent · HELSINKI
MUJI
Avoin Hakemus - Ravintola
Permanent · HELSINKI
JACK & JONES
Myyjä Jack & Jones Helsinki Outlet
Permanent · HELSINKI
MANGO
Sales Assistant
Fixed-term · VANTAA
RITUALS
Sales Advisor (Summerextra) - Tampere - Ratina Shopping Center
Permanent · TAMPERE
RITUALS
Sales Advisor (Summerextra) - Vantaa - Jumbo
Permanent · VANTAA
JACK & JONES
Kesätöihin Myyjäksi Vero Moda / Jack & Jones Porvoo
Permanent · PORVOO
NEW YORKER
Haemme Extra- Myyjiä New Yorkerin Myymälään Mikkeliin
Permanent · MIKKELI
NEW YORKER
Haemme Extra- Myyjiä New Yorkerin Myymälään Ouluun
Permanent · OULU
NEW YORKER
Haemme Extra- Myyjiä New Yorkerin Myymälään Vaasaan
Permanent · VAASA
MONKI
Sales Advisor, 10h (Summer Help Temporary)
Fixed-term · VANTAA
VERO MODA
Myyjä Vero Moda Seinäjoki Idepark
Permanent · SEINÄJOKI
ESTÉE LAUDER COMPANIES
MAC Make-up Artist (20h/Week) - Sokos Tampere
Permanent · TAMPERE
ESTÉE LAUDER COMPANIES
Beauty Advisor (30h/Week) - Stockmann Helsinki
Permanent · HELSINKI
MASSIMO DUTTI
Sales Assistant Massimo Dutti, Helsinki
Permanent · HELSINKI
H&M
Sales Advisor, 15h - Kesätyö
Permanent · SEINÄJOKI
H&M
Sales Advisor, 10h - Kesätyö
Permanent · KOTKA
H&M
Sales Advisor, 10-20h - Kesätyö
Permanent · PORVOO
By
Reuters API
Published
Mar 13, 2018
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Apax-backed German fashion chain Takko considering stock market float

By
Reuters API
Published
Mar 13, 2018

German discount fashion chain Takko, owned by private equity group Apax Partners, is considering a stock market flotation among other financing options, a company spokeswoman said.



German daily Boersen-Zeitung reported on Tuesday that Credit Suisse and Deutsche Bank will organise a potential initial public offering (IPO), which may take place in the second quarter.

Apax, which bought the firm in 2010 for 1.2 billion euros ($1.5 billion) from private equity peer Advent International, declined to comment.

It has had to repeatedly inject equity into Takko after its bid to sell more expensive clothes failed and the firm came close to breaching its debt covenants.

Takko, which currently employs 18,000 staff in 1,900 shops, later returned to its focus on less expensive clothes at its mainly out-of-town network of stores.

A person familiar with the industry said that given the company's history, Takko may not reap a valuation of more than 6-7 times its expected core earnings.

Last October, Takko refinanced its debt, cutting coupons on new notes by up to 4.50 percentage points compared to its outstanding bond. Ratings agency S&P later raised Takko's rating to B from CCC+.

Takko posted earnings before interest, tax, depreciation and amortisation of 144.3 million euros for the year to last October.
 

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