Swinger International Is Said to Buy Philippe Model Paris [Yahoo! Finance]
CHRISTIAN DIOR SE UNS/ADR (CHDRY)
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Source: Yahoo! Finance
control of sneaker brand Philippe Model with the aim of strengthening its core business but also to further expand into ready-to-wear. More from WWD Trinity Rodman Brings Pharrell's Vegas-exclusive Blue Jellyfish to Adidas' World Cup Shoot in Madrid Sources Say a Pool of Investors to Join L Catterton in Etro, Namesake Family to Exit Company The New Balance 1906F Is Set to Release in Spring 2026 In July 2016, 21 Investimenti, the private equity firm Alessandro Benetton founded in 1992 and now called 21 Invest, acquired a majority stake in the brand. Swinger International, based in Verona, Italy, owns the Genny brand and is the licensee of Just Cavalli and Versace Jeans Couture. Philippe Model's namesake founder, an artist and painter, in the '80s invented the innovative and successful “Elastique,” a comfortable heeled shoe style crafted from elastic bands. Throughout his career he has collaborated with key Paris designers and brands, from Claude Montana and Jean Paul Gaul
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