La Perla news and archive

Jobs saved, factory reopened: Inside the cross-border deal that saved La Perla

Italian luxury brand La Perla is settling into its new ownership structure following a lengthy sale proceedings coordinated between UK and Italian officials, utilising a landmark cross-border insolvency protocol. With this, the lingerie brand’s joint liquidators Andrew Watling and Duncan Beat, managing directors of advisory firm Quantuma, have...

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Retail

La Perla reveals new fragrances, body care products, and makeup

Italian-based lingerie brand, La Perla has revealed it will launch beauty products including a range of fragrances, body care, and makeup. The announcement follows the company’s establishment of a subsidiary dedicated to the beauty business in October 2019, called La Perla Beauty. La Perla and Revlon also ended their partnership in 2020. La...

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Business

La Perla in talks to avoid layoffs

Things are not looking good at Italy-based lingerie brand La Perla. The company is currently in talks to permit the suspension of 126 jobs according to the Italian Ministry of Economic Development. “The company and the unions will meet again on Friday to continue discussions and agree on the next steps to quickly find a safeguarding solution,”...

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Business

La Perla to list shares for a public offering in Paris

Luxury brand La Perla, which is known for its lingerie, nightwear, beachwear, and accessories, has announced that it will be listing its shares on the next Euronext Growth Market, which is operated by Euronext Paris. Trading for shares of the brand is set to begin on Sept. 6, 2019. According to the announcement, there will be no capital raised...

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Business

All La Perla employees strike against job cuts

Employees of the luxury lingerie label La Perla have gone on strike in protest of the company’s potential plans to cut at least 100 roles from its headquarters in Bologna, according to Fashion Network. Currently, the label has 430 employees — this cut would affect about one quarter of the brand. At the threat of these job cuts, unions...

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Business

La Perla confirms 23 million euros capital increase

New York - Perla Fashion Holding, the company owning the high-end lingerie brand La Perla, has confirmed it has secured a capital increase worth 23 million euros. The board of directors has approved the issue of new shares to external investors, based on a valuation of the company’s net equity of 450 million euros, equal to 5,111,111 new shares,...

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People

Ex-Burberry chief Pascal Perrier is the new CEO of La Perla

Sapinda Holding B.V. has announced the appointed Pascal Perrier as the Group Chief Executive (CEO) of luxury fashion brand, La Perla. The appointment of a new chief executive follows the acquisition of La Perla by investment firm Sapinda in February this year. Commenting on his new role at La Perla, Perrier, said in a statement: “I am very...

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Business|UPDATED

Sapinda acquires luxury lingerie firm La Perla

Sapinda Holding B.V. has acquired 100 percent of the shares of La Perla Global Management (UK) Limited, the parent company of La Perla Group. In December last year, it was reported that the company was in talks with Chinese investor Fosun International, who recently bought Parisian fashion label Lanvin. According to Reuters, Italian entrepreneur...

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Business

Fosun Group in exclusive talks to buy majority stake in La Perla

Shanghai-based Fosun International has reportedly entered exclusive talks to buy La Perla. Silvio Scaglia, who bought the lingerie brand in 2013, has 30 business days to convince the Chinese group of the benefits of buying a majority stake in the Italian company. Italian entrepreneur Silvio Scaglia, the founder of telecoms group Fastweb, bought...

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Fashion

La Perla fetes 'street' bras at Milan fashion week

La Perla threw a celeb-packed party in Milan Thursday to inaugurate a new store to host its ready-to-wear range as it takes bras out of the bedroom and onto the streets. It was champagne and corsets for American celebrity model Kendall Jenner and Italian Mariacarla Boscono, who showed off items from a collection creative director Julia Haart...