ITALY: Prada And Marzotto Say No To Valentino
By just-style.com | 5 April 2001
Italian newspaper Il Sole 24 Ore has reported that both Prada SpA and fashion group Marzotto SpA have ruled themselves out of the running to take on the fashion group Valentino from holding company HDP SpA. With both Prada and Marzotto out of the running it seems more likely that Valentino will be taken on by Gucci, although no official talks have yet been held between Gucci and HDP.
Join now for increased access
There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.
If you're already a member, login here.
More articles related to this one
GERMANY: Hugo Boss denies plans to buy Valentino
Luxury goods company Hugo Boss has no plan to acquire Italy-based majority shareholder Valentino Fashion, a spokesperson confirmed to just-style.
ITALY: Prada names control director, HR manager
Fashion house Prada has named Armando Tolomelli as control director and Cinzia Tito as human resources manager of the business, press reports said.
ITALY: Valentino chairman comments on growth plans
Italy-based Valentino Fashion Group, which expects 10-12% sales growth this year, said today (5 December) that buying out the Hugo Boss label's minority shareholders is not a priority.