• A Change of Hands: Italian Shoemaker Sergio Rossi Gets Acquired by Fosun

    12 days ago - By Luxuo

    China's Fosun Fashion Group has ramped up its acquisition of luxury brands with its second Italian footwear label Sergio Rossi joining its family, which includes French Maison Lanvin, Austrian hosiery specialist Wolford, Italian menswear company Caruso and American fashion brand St. John.
    In an exclusive interview with WWD, it is reported that Fosun bought out 100% of Sergio Rossi SpA at an undisclosed sum from Absolute Luxury Holding Srl, a subsidiary of the European investment firm Investindustrial whose profile includes luxury car brand, Aston Martin. On speaking more about the...
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