
Covid has forced the Italian luxury industry to step up the pace of its transformation and search for investors, as shown by Zegna announcing a forthcoming stock market listing, and L Catterton’s acquisition of Etro.
27 published items with the word (s) or phrase Stefanel in News, Trends, Videos, Photo galleries, Agenda and sorted by "date descending".
Covid has forced the Italian luxury industry to step up the pace of its transformation and search for investors, as shown by Zegna announcing a forthcoming stock market listing, and L Catterton’s acquisition of Etro.
Shares in Stefanel were suspended on Thursday until further notice after the troubled Italian clothing group said it would apply for special administration under bankruptcy law.
The Rome-based luxury house has announced the appointment of Charles Delapalme's successor as head of retail and wholesale as he leaves to join Christian Dior: Giuseppe Oliveri, who joins Fendi from... Christian Dior.
The Italian fashion group acquired by English asset management firm Attestor Capital last year has confirmed the appointment of Cristiano Portas as its CEO. He brings 16 years of experience leading swimwear brand Arena.
Two private equity funds that have agreed to take over loss-making Italian clothing company Stefanel plan to relaunch the brand and sell it within five years, a source at one of the funds said.
In the wake of last week's deal, the Italian fashion group has further stated that investors Oxy Capital Italia and Attestor will acquire a 75% stake in the group.
Burdened with losses in excess of €14 million, the fashion group has struck a deal with investment funds Oxy Capital Italia and Attestor, to restructure its debt and spark its relaunch.
Struggling Italian clothing company Stefanel said on Friday it was in talks with private equity funds Oxy Capital and Attestor Capital over a deal that would hand them majority ownership of the group.
Italian clothing company Stefanel is working against the clock to secure investment from a partner by the end of the year and avert the risk of bankruptcy, three sources told Reuters on Friday.
Canadian athletic brand lululemon has unveiled plans to open a flagship store on London’s Regent Street this winter. The 8,200 sq ft store will become the company’s European flagship, and will span three floors at 187...