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11 Apr

Latest Luxury Pole Buys Vionnet

Latest Luxury Pole Buys Vionnet
MILAN – A latest investment vehicle conceived with the goal to create a European luxury pole was revealed on Tuesday – and it's poised to revive the storied Vionnet brand. Chimera Abu Dhabi and Haeres Capital have signed a three way partnership establishing ChimHaeres Investment Holding, which is setting out with a bang. ChimHaeres has not only acquired all the capital of Vionnet, but in addition a majority stake in storied automotive designer Zagato, founded in 1919, and a majority stake in Fogal, the Swiss hosiery brand founded in 1921 by Léon Fogal. As well as, Haeres is folding into the brand new vehicle its majority equity stake in storied hat manufacturer Borsalino, established in 1857 in Alessandria, Italy. ChimHaeres will probably...
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