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

Zennie Abraham / Zennie62
Zennie Abraham / Zennie62
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

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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 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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