French clothing and footwear manufacturer Lacoste is preparing to buy out the shares of its partner, the British group Pentland, in a joint venture that was created in 2018 to develop Lacoste's footwear division.
As Fashion Network writes, the French company wants to fully control the design and production of shoes under the Lacoste brand and intends to acquire 50% of the shares owned by its licensee in the company Pentland Chaussures Limited in order to take control of the entire company.
Subscribe and follow the Shoes Report news in our official Telegram channel
Rating |