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Made in Italy brands lead Christmas M&A activity

Milan - The year concludes with two significant financial transactions involving two prominent Made in Italy brands: Etro and Golden Goose. Golden Goose has been acquired by the Chinese company Hsg, an international venture capital and private equity firm, which now holds a majority stake in the group. Meanwhile, Temasek, a global investment...

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Business

Swinger International acquires sneaker brand Philippe Model

Philippe Model, an internationally recognised sneaker brand, has been sold to Swinger International spa. The seller was 21 Invest, the private equity fund founded by Alessandro Benetton. With this acquisition, the company strengthens its presence in the premium fashion segment. The brand's sneakers are available in key European, American and...

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Business

Etro: founding family exits as Rams Global, Swinger International and Sri Group invest

Following recent speculation, an official statement has been released: the Etro family is exiting the company. A consortium of industrial investors, comprising the Turkish company Rams Global, Mathias Facchini of Swinger International, and the banker Giulio Gallazzi via Sri Group, has acquired the minority stake previously held by the Etro...

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