Australian fashion brand Zimmermann sold in rumoured $1 billion deal

Fashion label Zimmermann has become one of the world's biggest brands and it’s rumoured to have been sold for more than $1 billion to the US private equity firm Advent International.
Australian Financial Review Journalist Lauren Sams discussed Zimmermann’s rumoured deal with Sky News Australia.

[@alwaysright3718]

First the Voice
Then the Invoice
Vote no to Apartheid

[@tarawrr20]

What incentive are these companies getting to sell off like this?

[@johnwoodrow8769]

Another Australian company which will have its head office moved overseas, and whatever Australian company tax it did pay will disappeared with it.