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Réseau des professionnels Mode – Textile – Habillement en Euroméditerranée
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LA CITÉ Actualités Liban M1 Group acquiring the Nice-based brand Façonnable
LA CITÉ Actualités Liban M1 Group acquiring the Nice-based brand Façonnable | M1 Group acquiring the Nice-based brand Façonnable |
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| Tuesday, 16 October 2007 | |
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Lebanese M1 Group has made a 210-million-dollar-deal (153 million of euros) this Summer to acquire Nice-based brand Façonnable, currently owned by the American firm Nordstrom which sells all the activities (design, production, licensing and distribution). M1 Group intends to develop Façonnable in Europe (London, Milan, Rome), to strengthen its position in the USA (Beverly Hills and New York) and to diversify products: leather, apparel for children, furniture...
Source: WebTime Media Sep. 21st 2007 |