Luxury lingerie brand La Perla has its sights set on the beauty industry.The brand, which is known for its high-end lingerie, nightwear and swimwear, has announced the launch of a new subsidiary, La Perla Beauty.
Acqua di Parma, which feted a new Christmas capsule this weekend, is expecting double digit growth this year. And next year too, as Italy’s most famous niche perfume brand continues its healthy global expansion.
The lingerie group reported on Tuesday that it has entered into a non-binding term sheet to receive a $25 million investment from the owner of La Perla, as the potential partners consider possible operating synergies.
China’s Fosun International won the bidding war for Lanvin against the Qataris this month for reasons that have little to do with money, creative vision or strategy for France’s oldest fashion maison, four sources said.