Tuesday, May 15, 2007

Private Equity to Chinese: "Prepare to be dressed uber-gay"


An article in today's WSJ told of private equiteers hunting down Valentino. This appears to be appealing to stakeholders mainly because they lack the capital to expand into new markets like Russia, India, and China. Valentino has majority ownership in Hugo Boss as well as super dorky Marlboro Classics.

In case you don't know what Marlboro Classics is, imagine an entire clothing line built around the concept of modern, casual western wear. Except designed by Europeans. Most of their clothing lines look like something off of the costume rack in a Firefly episode.

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