Chinese companies pay up to invest in luxury brands
17 Apr 2018
This article first appeared on The Wall Street Journal on 13 April 2018.
Milan-based partner Dario Spinella was quoted in a piece on recent market trends showing that Europe’s luxury labels are attracting Chinese investors who are willing to pay the price of entry into this sector.
Dario, who assisted the Gangtai Group Corporation Limited in the acquisition of Buccellati Holding Italia S.p.A., commented: “Chinese investors want to acquire brands for the business but also for the know-how, to bring that back to China”.
This article follows the recent launch of a dedicated Italian Desk in Asia led by Dario and serving clients via the Shanghai hub across Mainland China, Hong Kong, Japan and Southeast Asia.
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