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Year in Review: KCP Off the Market

Kenneth Cole made a move to go private.

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Kenneth Cole

Photo By Steve Eichner

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Who needs the public markets? Definitely not Kenneth Cole. The designer and entrepreneur took his namesake firm private in September after stockholders approved his $15.25-a-share buyout of the stock he didn’t already own. At the time of the deal, analysts predicted Kenneth Cole Productions Inc. will fare better as a private entity. And Cole has said he looks forward to operating away from the intense scrutiny of Wall Street — though he’ll be doing so without the help of CEO Paul Blum, who recently moved over to Juicy Couture.