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Brioni
Brioni Increases Emphasis on Casualwear
Source: International Herald Tribune)
The financial crisis and changing consumer tastes are prompting one of Italy's elite clothiers to dress down. Traditionally known for men's formal wear, Brioni says it will increasingly focus on casual clothing. . . . keep reading
Brioni Looking to Sell 20-25% Stake (12/1)
(Source: Bloomberg)
Italian clothier Brioni has hired banker BNP Paribas SA to explore the possibility of selling 20-25% of the company to pay down debt and fund acquisitions. "The idea is to develop a growth plan," Brioni co-CEO Andrea Perrone told Bloomberg. "We would like to do acquisitions, to develop synergies with other important brands." . . . keep reading
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