Zimmermann is about to hit the catwalk. Street Talk can reveal Advent International, which has a portfolio of retail investments and made a motza backing Lululemon Athletica, has lobbed an unsolicited bid for the Australian fashion powerhouse, founded by Nicky and Simone Zimmermann.
Nicky and Simone Zimmermann founded the brand and remain shareholders, as well as directors. Antoine Doyen
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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com