Luxury group LVMH acquired shares brand Giuseppe Zanotti

It has recently become aware of the large transaction, which resulted in about 30% of shares of the shoe empire Giuseppe Zanotti moved to a luxury concern LVMH. After lengthy negotiations, the company's owner Vicini SpA with representatives of LVMH fateful decision was made.




Giuseppe Zanotti

Himself shoe maker will remain at the head of the company.

"At present, my presence is essential for the development of new markets. This is a new challenge that will help us to strengthen our position and continue the steady development, allowing to look optimistically into the future "- said Zanotti.



Vanessa Hudgens, Kim Kardashian and Lucy Hale shoes Giuseppe Zanotti

Buying a stake shoe brand was the third in a series of acquisitions after the share Nicholas Kirkwood and JWAnderson.