Everyone is crazy about Versace, despite the precise requests of the historic Made in Italy brand. In fact, the Versace group has already received at least six formal offers for the 20% stake put up for sale and the advisors chosen to manage the operation, Goldman Sachs and Banca Imi, are now allegedly proceeding with the selection of the best proposals to submit to the attention of the family. And among the suitors there are the largest private equity funds in the luxury sector and beyond: from Investcorp, a former shareholder of Tiffany and Gucci, to Permira which already owns Valentino, from the Clessidra-Unicredit tandem to Blackstone, the US fund listed on Wall Street, from Adrian (spinoff of the Axa group) to the FSI-Qatar Holding duo, already present in various Italian and foreign luxury houses (for example Harrod's).
To report the news is the Wall Street Journal, recalling that the Versace family is asking for at least 1 billion euros for the share in addition to the buyer's commitment to leave full control to the family of the creative process and the commitment to continue with the strategic plan already in place.
