After Dim and Bally, Regent sets sights on Petit Bateau to grow a European portfolio Americas After several years of declining turnover (down by 6% in 3 years) and a net loss that worsened in 2024, Petit Bateau is changing hands. The planned sale to the U.S. investment fund Regent, which is now official, marks a new phase for the iconic children's fashion brand seeking to revive its fortunes.