Clothing & Shoes

Brunello Cucinelli acquires 43% stake in Lanificio Cariaggi

The purchase price of the shareholding was €15.05m, a value that is proportionally close to the current net worth of Cariaggi Lanificio

Luxury fashion retailer Brunello Cucinelli has announced that it has acquired from the Cariaggi family a 43% stake in the share capital of Cariaggi Lanificio S.p.A, the cashmere manufacturer.

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