A manufacturer, distributor and retailer of women’s clothing
Basler was acquired by Triton Fund II in July 2006
Basler is a player in the ‘modern classics’ woman’s clothing market in Germany, the UK, Austria, Switzerland and the Benelux countries. In addition to its own stores, the brand was stocked in leading department stores, with concessions in Appelrath-Küpper, Breuninger, KaDeWe and Peek&Cloppenburg in Germany and Bloomingdales, David Jones and Harrods internationally. It operated more than 40 own-label stores globally and approximately 80 concessions. Triton acquired Basler from German-French private equity firm Alpha.
Triton II sold its ownership of Basler to management in August 2013.
- Strengthened the board and design team
- Implemented operational efficiency improvements
- Sought to strengthen the company’s distribution network through the expansion of own retail and stores concessions
- Negotiated substantial debt reduction, reducing Basler’s debts from €215 million to €80 million and invested a further €10 million in the company