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Redcats Sells OneStopPlus to Private Equity Firms

December 6, 2012
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French retail group PPR said on Wednesday its Redcats unit had agreed to sell its plus-size fashion business OneStopPlus Group to private equity firms Charlesbank Capital Partners and Webster Capital for an enterprise value of $525 million. PPR said that the deal, which is expected to close during the first quarter of 2013, marked a further step in the group's transformation into a global luxury, sports and lifestyle retailer....

 

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Redcats Sells OneStopPlus to Private Equity Firms
December 6, 2012 From CNBC
French retail group PPR said on Wednesday its Redcats unit had agreed to sell its plus-size fashion business OneStopPlus Group to private equity firms Charlesbank Capital Partners and Webster Capital for an enterprise value of $525 million. PPR said that the deal, which is expected to close during the first quarter of 2013, marked a further step in the group's transformation into a global luxury, sports and lifestyle retailer.
 
Redcats USA
Redcats USA Nears Sale
September 5, 2012 From New York Post
Francois-Henri Pinault is finally ready to end his fling with plus-size fashions. The French billionaire jet-setter — whose luxury conglomerate PPR failed to unload its troubled Redcats catalog unit last year — is close to selling the profitable U.S. division of Redcats, The Post has learned. Redcats USA owns a stable of plus-size clothing catalogs and websites called OneStopPlus, which form the bulk of its business, sources told The Post.
 

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