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About 45 percent
- LVMH will take a minority stake of about 45 percent in the ready-to-wear brand of the Italian designer who has been working for Fendi, one of LVMH's fashion brands, for 13 years, a source close to the deal said.
www.reuters.com/article/world/europe/lvmh-invests-in-italian-brand-marco-de-vincenzo-idUSBREA1N0LC/
Feb 24, 2014 · So LVMH has confirmed it has taken a minority stake in Young Italian Designer (we will not acronym that for obvious reasons) Marco de Vincenzo.
According to sources, the agreement gives LVMH a “significant” minority holding in de Vincenzo’s company, with options to tighten the partnership and increase its stake down the road.
Feb 24, 2014 · PARIS/MILAN (Reuters) - French luxury group LVMH on Monday unveiled a joint venture with Italian fashion brand Marco de Vincenzo as part of its strategy to gain exposure to young and...
Feb 24, 2014 · MARCO DE VINCENZO is the latest emerging designer to be given financial backing by LVMH. The luxury conglomerate is said to have bought a “significant” minority in the Italian label, and is expected to up its stake in the future, WWD reports.
Mar 6, 2014 · The multinational will take a significant stake, about 45 per cent, in De Vincenzo's ready-to-wear line. And why not, with Karl Lagerfeld as Fendi’s artistic director, Marco has been trained by...
Feb 25, 2014 · LVMH will take a 45% stake in Marco De Vincenzo's brand, leaving the designer with the remaining 55%, according to a person familiar with the matter. LVMH didn't disclose financial...
Feb 24, 2014 · PARIS -- French luxury giant LVMH (IW 1000/119) said Monday it is setting up a co-venture with Marco de Vincenzo to help the Italian fashion designer develop his brand. LVMH's announcement did not give details of what proportion of the company it would own.
