ITALY: LVMH Buys Stake In Mariella Burani Leather Unit
Mariella Burani Fashion Group SpA on Wednesday agreed to sell 30 per cent of its leather goods unit to an investment fund backed by LVMH Moet Hennessy Louis Vuitton for 25 million euros.
Mariella Burani Fashion Group SpA on Wednesday agreed to sell 30 per cent of its leather goods unit to an investment fund backed by LVMH Moet Hennessy Louis Vuitton for 25 million euros.