Owner of LA RINASCENTE tops list of potential buyers for IT Holding (Gianfranco Ferre, Malo)

A consortium of financial institutions led by Goldman Sachs, JP Morgan and Pioneer have already subscribed bonds of EUR 180 million for the sale of ailing Italian fashion group IT Holding which owns Gianfranco Ferre, Malo and produces under licensing Galliano, Just Cavalli etc. One of the runner ups in the race to acquire is the owner of LA RINASCENTE department stores Maurizio Borletti.