Reliance Brands Limited (RBL) will take a 51 percent stake in the 35-year-old designer brand, beloved of both Bollywood stars and billionaires, for an undisclosed …
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Stake
Victoria’s Secret Takes Minority Stake in Frankies Bikinis
The lingerie giant invested $18 million for an undisclosed minority interest in the LA-based swimwear brand, Victoria’s Secret announced on Friday. Frankies Bikinis was founded …
Richemont Sells Stake in Pricey Swiss Watchmaker Greubel Forsey
Richemont sold a minority stake in Greubel Forsey SA, a maker of extremely intricate Swiss watches that start at $200,000, to its founders and chief …
Brunello Cucinelli Acquires 43% Stake in Italian Cashmere Supplier
The Italian house best known for its cashmere knitwear paid €15.05 million for a 43 percent stake in its long-time supplier of the luxury fabric, …
Iguatemi Group Acquires Stake in Resale Platform Etiqueta Unica – Business of Fashion
Images and Article from www.businessoffashion.com. The Brazilian mall conglomerate acquired 23.08 percent of Brazil’s largest e-commerce platform for second-hand luxury goods for 27 million Brazilian …