Carlyle Is Said to Weigh Sale of Lingerie Brand Hunkemoller (1)

Nov. 16, 2020, 12:59 PM UTC

Carlyle Group Inc. is weighing new plans to sell Hunkemoller, the Dutch lingerie and swimwear retailer, according to people familiar with the matter.

The U.S. private equity firm is working with investment bank JPMorgan Chase & Co. on a potential sale of the business next year, the people said, asking not to be identified discussing confidential information.

No final decisions have been made and Carlyle could still decide to keep Hunkemoller, according to the people. Representatives for Carlyle and JPMorgan declined to comment.

Carlyle agreed to buy Hunkemoller, which began life in 1886 as a specialist retailer of corsets and ...

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