Fashion house Versace sells stake to Blackstone to fund growth – Reuters

Reuters
The family does not want to relinquish control, a characteristic which has kept other Italian fashion brands like Giorgio Armani and Missoni in the hands of their founders, but which some analysts say has hampered their expansion. “The vision is to
Does Wall Street Know Fashion? Versace May Find Out In $1B Deal With Forbes
Blackstone-Versace deal values the company at 1 billion eurosFashionUnited.co.uk

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