Fox Wizel Ltd., la chaîne de prêt-à-porter israélienne, a annoncé que sa filiale en ligne Terminal X avait signé un accord d’investissement stratégique avec l’entreprise danoise Heartland A/S, branche d’investissement du milliardaire Anders Holch Povlsen et actionnaire principal de la marque britannique de cosmétique et de prêt-à-porter ASOS.
Selon l’accord, Heartland investira la somme de 21,7 millions de dollars dans Terminal X pour une part de 8 % et à une valorisation pre-money de 250 millions de dollars, a fait savoir Fox dans une déclaration faite à la Bourse de Tel Aviv, dans la journée de dimanche. Cet investissement stratégique intervient alors que Terminal X prévoit de faire son entrée à la bourse de Tel Aviv. (Times)
FOX was founded in 1942 by the Fox family, specializing in the garment industry. Today, FOX is a well-known international brand with stores across 14 countries. The FOX group is the biggest sales floor area which covers approximately 110,000 square meters with over 600 stores worldwide. FOX, Israel’s leading fashion brand, offers basic and casual fashion for the entire family: men, women, children and babies.
We are committed to continue to surprise and excite our customers time and time again but most of all, to provide the best daily wardrobe solution for their lifestyles.
At FOX, we have long understood that there is no substitute for comfort, simplicity and originality, and in the end, we all love to wear comfortable clothes and feel good about ourselves. Our business vision is to continue being the leading fashion retail group in Israel, providing solutions for the largest variety of clientele possible, with a variety of fashion products and the best financial performance. Even though the Israeli fashion market is among some of the most competitive and dynamic, FOX continues to maintain its status as the country’s largest clothing chain and most successful Israeli fashion chain in the global market with 139 stores in 14 countries worldwide – and more is yet to come.
