MILAN — In the M&A scenario, and especially in this economy amid global challenges, things can change quickly. Case in point: Rothschild has been given a mandate to seek an investor in the Etro company, a source confirmed to WWD on Friday. The mandate comes even though less than two months ago Etro’s chief executive … Read more
LONDON – Hammerson, the British real estate developer and owner of major shopping malls across Europe, on Monday said it has agreed to sell its 42 percent stake in Value Retail, the parent company of The Bicester Collection, to Silver Bidco Limited, an investment vehicle controlled by L Catterton, the private equity fund backed by … Read more
MILAN – L Catterton’s shopping spree in Italy is not over. Following the announcement of the potential deal with Tod’s earlier this year, the private equity fund backed by LVMH Moët Hennessy Louis Vuitton has targeted beauty powerhouse Kiko Milano. After months of speculation, L Catterton said Friday it has acquired a majority stake in the company. Financial … Read more
Miami Design District will launch NEO Miami Design District, a rotating 7,200-square-foot pop-up that will spotlight emerging fashion brands on a rotating basis. The initiative begins Friday and will offer emerging designers a platform to showcase their creativity and talent. NEO Miami Design District will serve as a port of entry for national and international … Read more
