Deals
Singapore Fashion Chain Charles & Keith Weighs Stake Sale, Sources Say
- Footwear and accessories brand has been worn by Hailey Bieber
- Company could be valued at least $2 billion in a deal
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Charles & Keith Group Pte, a Singapore-based fashion house, is exploring the sale of roughly a 20% stake, according to people with knowledge of the matter.
The footwear and accessories retailer is working with a financial adviser on the sale, the people said, asking not to be identified as the process is private. A deal could value the fashion brand at more than $2 billion, they said.