French concern LVMH acquired 30% of the Italian shoe brand Giuseppe Zanotti. At the same time, Giuseppe Zanotti will remain at the helm, namely, on the board of directors of his company. The purpose of the transaction is to bring the brand to the international level.
Recall that the Italian brand began to look for buyers in December last year. Even then, LVMH announced its desire to get a stake in the company.
Today, many global brands enter the LVMH - such as Dior, Donna Karan, Emilio Pucci, Fendi, Givenchy, Kenzo, Marc Jacobs, Louis Vuitton, Guerlain. In the fall of 2013, the concern also bought a controlling stake in Nicholas Kirkwood and a minority stake in JW Anderson.