Sunday, November 24, 2013

Versace, whose dresses of stars like Lady Gaga and Madonna are worn, is currently controlled comple


The Italian fashion house Versace will find by the end of a minority investor. It will expect to have a narrower range of prospective tenants to mid-October, said Versace CEO Gian Giacomo Ferraris told Reuters yesterday. By the end of the year would you choose for an investor then. Versace wants to sell 15 to 20 percent of the Group and the revenue finance its further growth overseas, particularly in Asia. At the end of this path could then also be an IPO. Under control of the family
Versace, whose dresses of stars like Lady Gaga and Madonna are worn, is currently controlled completely by the same family. Designer Donatella Versace holds a fifth, her brother Santo is owned by 30 percent, while Donatella's daughter Allegra holds the lion's share. The company is considering the slump in the domestic market ling similar to rival Prada dependent on growth abroad. So far, Italian luxury car makers such as Giorgio Armani, Roberto Cavalli, Missoni and Ermenegildo Zegna have traditionally been reluctant when it comes to the involvement of investors.


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