×
2 480
Fashion Jobs
VIVIENNE WESTWOOD
E-Commerce Studio Operations Manager
Permanent ·
STELLA MCCARTNEY
Art Director
Permanent · LONDON
HEAD OFFICE
Cyber Security Lead – Incident Response
Permanent · BRACKNELL
JOHN LEWIS
Team Manager, Operations
Permanent · LONDON
MAJE
Assistant Area Manager - London
Permanent · LONDRES
PRETTYLITTLETHING
Cyber Security Analyst
Permanent · MANCHESTER
PRETTYLITTLETHING
Buyer
Permanent · MANCHESTER
AESOP
Retail Consultant | Fixed-Term | Part-Time | Brighton
Permanent · Brighton
PRETTYLITTLETHING
Senior Affiliate Marketing Executive
Permanent · MANCHESTER
BOOHOO
Ecommerce Trading Executive
Permanent · MANCHESTER
ESTEE LAUDER
Clinique - Consultant - Brown Thomas, Dublin - 15 Hours - Part-Time, Permanent
Permanent · Dublin
SHISEIDO
Nars Account Manager - Harvey Nichols London (37.5 Hours)
Permanent · London
ESTEE LAUDER
Clinique - Consultant - m&s Newcastle - 15 Hours - Part Time, Permanent
Permanent · Newcastle upon Tyne
ESTEE LAUDER
jo Malone London - Marketing And Consumer Engagement Director
Permanent · London
AESOP
Retail Consultant | Part-Time, Permanent | Aesop Selfridges Exchange Square, Manchester
Permanent · Central
BOOHOO
Print Sales Account Manager
Permanent · MANCHESTER
VF INTERNATIONAL
dc Team Leader
Permanent · COALVILLE
ESTEE LAUDER
Mac Cosmetics - Business Manager - Mac Stratford2, London - 37.5 Hours / Week - Full Time, Permanent
Permanent · London
HARRODS
Brand Manager
Permanent · LAKESIDE
HARRODS
Uniformed Security Officer
Permanent · LONDON
VF INTERNATIONAL
Senior Distribution Systems Specialist
Permanent · COALVILLE
ESTEE LAUDER
Bobbi Brown, la Mer And Darphin - CRM & Insights Assistant
Permanent · London
By
Reuters
Published
Apr 27, 2010
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

One foreigner among 8 bids for Malo cashmere

By
Reuters
Published
Apr 27, 2010

MILAN, April 26 (Reuters) - Italian cashmere brand Malo has attracted eight bids, seven of which are home-grown, a source with knowledge of the situation said, after the fashion line was put on offer by administrators of parent IT Holding (ITH.MI).


Malo

Among bidders to lodge non-binding offers on Monday 26 April was one foreign group, the source said, adding that one bid came from a private equity group, but did not say if this was Italian. Another source close to the situation said a consortium of more than 100 industrial creditors might join the private equity group in its bid.

A spokesman for IT Holding was not immediately reachable for comment.

Government-appointed commissioners are auctioning off Malo and IT Holding's other units, fashion brand Gianfranco Ferre and production unit Ittierre, which makes and distributes clothes for lines such as Just Cavalli and Galliano.

Bidders for Malo will have until May 27 to conduct due diligence. They will then decide whether to make a binding offer or pull out by June 3.

The Malo auction will be followed by that of Ferre, whose sale has received the green light by the industry ministry. The sale process is expected to kick off in the next few weeks.

Several fashion houses like Christian Lacroix in France and Mariella Burani Fashion Group (MBFG.MI) in Italy fell into financial difficulties last year, as the global crisis sapped demand for expensive clothes and accessories. (Reporting by Cristina Carlevaro, writing by Antonella Ciancio; Editing by Jon Loades-Carter)

© Thomson Reuters 2022 All rights reserved.