‘Balmain’ has denied speculation that it is considering going public. According to online reports, the French fashion house was said to be mulling a listing on the HongKong Stock Exchange in 2015.
“This anonymous rumor is not true and it has no basis in fact,” a Balmain statement said WWD reports. The “house can rely on its Shareholders to finance its expansion,” it continued.
The brand is currently by majority stakeholder CEO Alain Hivelin, while Olivier Rousteing remains creative director.
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