Private Equity Giant Carlyle Halts Luxury Investments Amid Rising Costs and Inflationary Pressures
11 days ago
In a significant shift within the investment landscape, Carlyle Group, one of the foremost private equity firms, has announced a pause on its luxury investing activities. This decision comes as a react to the prevailing economic environment characterized by rampant inflation and growing credit costs, which have begun to take a toll on the profitability and valuation of high-end brands.
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