**Sydney, NSW – March 8, 2023:** A consortium led by global investment firm The Carlyle Group has extended a private loan to facilitate the acquisition of the renowned Australian fashion label Zimmermann by an investor group. The loan will assist in financing the transaction, enabling the investor group to acquire a majority stake in the iconic fashion brand..
Zimmermann, founded in 1991 by sisters Nicky and Simone Zimmermann, has established a reputation for its coveted designs, impeccable craftsmanship, and effortlessly chic aesthetic. The brand has gained widespread recognition and a loyal customer base, becoming a symbol of Australian style and luxury..
The Carlyle Group, with its extensive experience in investing in consumer and retail businesses, is confident in Zimmermann’s continued growth and success. The consortium’s loan will provide critical financial support, allowing the investor group to execute the acquisition and further enhance the brand’s global presence..
Nicky and Simone Zimmermann will retain a significant minority stake in the company, demonstrating their commitment to the brand’s legacy and ongoing development. They will continue to lead the creative direction and design process, ensuring that Zimmermann’s unique identity and design ethos remain intact..
The investor group, comprising experienced industry professionals and strategic partners, aims to leverage their expertise and resources to propel Zimmermann to new heights. The group’s vision includes expanding the brand’s international footprint, introducing new product categories, and enhancing the customer experience through innovative retail concepts..
The acquisition marks a significant milestone for Zimmermann, signaling a new chapter of growth and opportunity. With the support of the Carlyle-led consortium and the continued guidance of Nicky and Simone Zimmermann, the brand is poised to further solidify its position as a global leader in luxury fashion..
