Does Wall Street Know Fashion? Versace May Find Out In $1B Deal With … – Forbes

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Zennie Abraham / Zennie62
Zennie Abraham / Zennie62

Posted By: Zennie Abraham February 27, 2014

Forbes
The FT notes that the Versace deal would be Blackstone’s first investment in luxury fashion. So, can Blackstone do with high-fashion what it’s been able to do with investments like Hilton? Maybe. Lately, Wall Street firms have had the hots for luxury …
Fashion house Versace sells stake to Blackstone to fund growthChicago Tribune
Blackstone-Versace deal values the company at 1 billion eurosFashionUnited.co.uk

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Source: Fashion News By Google

About the Author

Zennie Abraham
Zennie Abraham | Zennie Abraham or "Zennie62" is the founder of Zennie62Media which consists of zennie62blog.com and a multimedia blog news aggregator and video network, and 78-blog network, with social media and content development services and consulting. Zennie is a pioneer video blogger, YouTube Partner, social media practitioner, game developer, and pundit. Note: news aggregator content does not reflect the personal views of Mr. Abraham.

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