LVMH acquires stake in Giuseppe Zanotti
“In this moment, strengthening our company with a global partner represents an additional investment,” Giuseppe Zanotti said in a statement. “One which will allow the company to get better structured, reinforce our penetration into the international markets, and keep growing. It is a great new project which make us really proud and optimistic for the future.”
Giuseppe Zanotti’s acquisition follows LVMH’s recent investments in Nicholas Kirkwood (majority stake) and J.W. Anderson (minority stake).