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ITALY: Blackstone takes 20% stake in Versace

2014-02-27 16:10:00| Daily apparel & textile news and comment - from just-style.com

Private equity firm Blackstone Capital has taken a 20% stake in Italian fashion house Versace in a deal valuing the company at EUR1bn (US$823.31m).

Tags: takes italy stake versace

 

ITALY: Moncler records FY earnings growth

2014-02-27 11:22:00| Daily apparel & textile news and comment - from just-style.com

Luxury apparel group Moncler has reported full-year earnings growth that beat analyst expectations, boosted by strong growth in the Americas.

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ITALY: Moncler records 12% FY earnings growth

2014-02-27 11:22:00| Daily apparel & textile news and comment - from just-style.com

Luxury apparel group Moncler has reported full-year earnings growth that beat analyst expectations, boosted by strong growth in the Americas.

Tags: records growth italy earnings

 

ITALY: Chinese retail group buys Krizia fashion brand

2014-02-26 12:54:00| Daily apparel & textile news and comment - from just-style.com

Chinese fashion retailer Shenzhen Marisfrolg has bought Italian ready-to-wear company Krizia SpA, in a deal that will see it expand the brand across Asia.

Tags: group brand italy chinese

 

ITALY: LVMH teams with Marco de Vincenzo on new brand

2014-02-25 14:57:00| Daily apparel & textile news and comment - from just-style.com

Luxury company LVMH Moët Hennessy Louis Vuitton is setting up a joint venture with Marco De Vincenzo to help the Italian designer develop his own fashion house.

Tags: brand italy teams marco

 

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