Italy’ corset skirts sets ersus luxury under garments maker La Perla provides entered exceptional talks with fashion group Calzedonia within the sale of a controlling risk that would help the loss-making group relaunch on worldwide markets.
A female costume manufacturer runs previous cleaners just before a display of the La Perla AutumnWinter 2013 collection during Ny Fashion Week in Ny February 7, 2013. REUTERSLucas JacksonThe businesses said within a joint declaration on Wednesday that they will examine the terms of the possible tie-up with the purpose of preserving careers in Italia while starting stores in Asia, Russia and Latin America. Simply no financial information were released.
Founded wholesale Christmas costumes in 1956 with a corset-maker in the city of Bologna, La Perla was bought in 2008 simply by U. Ersus. private equity finance JH Companions Adidas NMD R1 W Collegiate Marina Bianche Saldi , which has spent around 50 million pounds in the firm.
The business has been searching for feasible partners because the end of 2012 since it needs liquidity to cut financial debt and open up 160 shops over the following three years.
Commonly known as for its 500-euro ribbons corsets, La Perla reserved revenues of 107 mil euros this year, slightly beneath a calendar year before. First-quarter sales had been in line with 2012, it stated.
La Perla is among Italian language brands searching for investors to finance their retail expansion overseas at a time of limited entry to credit and declining product sales at house.
Italy’ s Calzedonia, which also owns the Intimissimi and Tezenis under garments brands and competes with Italy’ ersus Yamamay, is certainly distributed in 30 countries through a franchising sale network.
Trade unions in La Perla welcomed information of the discussions as they dread for the future of around three hundred La Perla workers in Italy.
“ Calzedonia is certainly a fabric and style group and knows what exactly they are doing. And it helps that it can be Italian, ” Rossana Carra of the Femca Cisl union told Reuters after a gathering with the company’ s administration in Bologna.
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21.09.2019 03:27
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