by Lorenzo Sorrentino
Investments in Italian fashion houses are back in vogue among international private equity firms.
In fact, following, on the one hand, a 15-year steady growth of the global luxury goods market and, on the other hand, the positive externalities brought about by the recent devaluation of the Euro to Italian and other Western fashion entities, private equity funds of any size, particularly from North America and continental Europe, have started re-directing their investment focus towards the fashion business, after years of little or no interest whatsoever.
Source: http://themarketmogul.com/
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