Strategic Buyers Should Take the Runway in 2009
New fashion trends might not be the only thing to watch coming down the runway as the fashion industry heads into 2009. The new economic landscape is posing interesting challenges for both fashion brands and those private equity groups that have historically dominated investment in the industry. With consumer confidence and spending at record lows, brands are finding it difficult to generate the cash needed to break-even, let alone prepare for long term success by diversifying and expanding. Many brands in need of capital will be forced to place their companies up for sale; however, the buyers who ultimately capitalize on this investment opportunity might look different than in the past.
