Wednesday, March 9, 2011

Star Chikan In The Bus

by Ferri at Fendi, the luxury to foreigners ...

After the sale of Gianfranco Ferré group of Dubai to Paris, no more than a month ago, the sale of Bulgari to LVMH (Louis Vuitton Moet Hennessy ) marks an important new exodus of a historical name of Italian luxury by the battleship made in Italy.

Fendi
Fendi, the flagship of the Marina Bay Sands in Singapore

One began crumbling for years, since the Italian brands that are different now speak other languages. It is part of this list the brand Fendi , founded by five Roman sisters, also sold to the French luxury giant headed by Bernard Arnault . And 'under the control of LVMH also maison Emilio Pucci . We can not forget Valentino , spent a few years ago by the Marzotto Group the private equity fund Permira Holdings Limited (Phl), based in Guernsey, Channel Islands UK.

Gucci and Bottega Veneta are both part of the French group PPR (Pinault - Printemps - Redoute). Somehow even Prada, and decided to go public on the stock of Hong Kong, has been shown to want to pay especially for investors in that area of \u200b\u200bthe world. At this point there is nothing to worry about, or you have to think of it as Santo Versace, who, to the passage of the Ferré Paris of Dubai Group, said:''This is a major investment of foreign capital in Italy, which makes clear the value of Our fashion.

And again: "The company Italy has many beautiful brand and this sale shows that investors want the made in Italy, they want style and Italian production." Saying that arouse a strong suspicion that Versace not to overlook the entry of foreign capital in the company.

It 'true that today most of the Italian fashion-related brands and luxury are family businesses, where the generational change, for better or worse, or has happened is the progenitor or founder, children and grandchildren. The entry of outside managers in the management of family businesses is often seen with suspicion, and the stock exchange is carefully avoided. Imagine the partial or total divestment of capital to foreign investors.

Fendi
Giorgio Armani

Of the big names in fashion and luxury all Italians still remain Giorgio Armani , still firmly in the hands of its founder, who occasionally denies rumors of sale of the group, and the brand Dolce & Gabbana that despite the vicissitudes tax, still belongs to the two designers.

But there are still the group of Aeffe Alberta Ferretti, a company sound very Italian, that controls various brands: Alberta Ferretti, Moschino , JP Gaultier and Pollini . Trussardi , which is operated by Beatrice Trussardi , daughter of the late Nicholas. Laura Biagiotti, queen of cashmere, which continues to keep high the banner of the flag together with his daughter Lavinia. His alter ego for men, Brunello Cucinelli, cashmere king, defending to the sound of millionaires billed his kingdom in the medieval village of Solomeo, near Perugia.

Upstream group Tod's of Della Valle, on the contrary, look to foreign investment, as occurred with a stake in Saks , the prestigious chain of American department stores.

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