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

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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