Year in Review: KCP Off the Market

Kenneth Cole made a move to go private.


Kenneth Cole

Photo By Steve Eichner

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.