Tuesday 8 April 2014

LVMH Buys Stake in Giuseppe Zanotti.

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• Giuseppe Zanotti is the newest high-end label to be adopted under the LVMH umbrella. The Telegraph reports that the French luxury conglomerate has acquired a 30% stake in Vinci, the company that owns Zanotti’s label. The designer is naturally pleased about the partnership, saying that it “will allow the company to get better structured, reinforce our penetration into the international markets, and keep growing. It is a great new project which make us really proud and optimist [sic] for the future.” (Telegraph)

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