Thursday, July 12, 2007

News Flash: Valentino takes a 45% Stake in...

Valentino Fashion Group has has taken a 45% stake in Proenza Schouler, the five year old label started by Parson's graduates Jack McCollough and Lazaro Hernandez. Plans to grow the brand on an international level is the main focus of the acquisition, that reportedly cost $3.7 million.


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