Desigual CEO Thomas Meyer has acquired a 10% stake in the Spanish fashion brand, which was purchased by the Eurazeo investment firm in 2014. Meyer now becomes the sole shareholder of the Barcelona-based label.
The Catalan capital's Fashion Week wrapped up its 22nd edition on Friday, showcasing a practical demonstration of consumer-targeted fashion, while promoting a sustainable, local and accessible fashion industry.
The 22nd edition of the fashion week will take place on 25-29 June at the Recinte Modernista de Sant Pau in Barcelona, hosting fashion shows by 27 brands and designers, including Antonio Miró and Custo Barcelona.
Amid a complicated political environment, the fashion week ended its 21st edition on a high as it continues its commitment to promoting the Catalonian fashion industry. Winners included Naulover and Brain & Beast.
Investment company Eurazeo has entered into exclusive negotiations in order to acquire 70 percent of the capital of the management firm Idinvest, a move that could see the business double its portfolio.