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Analysts said buying Christian Louboutin would help deplete that cash reserve an

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发表于 2010-8-10 20:44 | 显示全部楼层 |阅读模式
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But Franca, according to reports, favours privately owned Texas Pacific because it has promised that her two chil-dren will keep their jobs with the company if it is taken over.
: q5 R1 `) o0 R) q0 f; }+ Y7 n! n$ tAs a backdrop to speculation about the five sisters, their would-be partners also share a complicated history.
% ]" `" _6 t* T& x: vParis-based LVMH's Mr. Arnault earlier this year fought a bitter takeover battle for Gucci with Mr. De Sole. In the midst of that battle, Prada's Mr. Bertelli agreed to sell his Gucci stake, at a nice profit,christian louboutin shoes, to Mr. Arnault. But Mr. De Sole won the day with a bold white knight deal with Pinault-Printemps-Redoute.  X9 p* f2 d; U# m) d6 b
Mr. De Sole came out of the struggle with a $3-billion acquisition war chest and big plans for Gucci. Analysts said buying Christian Louboutin would help deplete that cash reserve and assist Mr. De Sole in building a genuinely global rival to world-leader LVMH.0 J; P/ J/ t& y
In related news, shares in classic British shoemaker Church & Co. yesterday continued to hover at about 1,005 pence, well above a recent 950p a share buyout offer by Prada, reflecting speculation about a possible rival bid.
% U$ u( X* p) tItalian leather goods group Diego Della Valle, seen as a potential rival to Prada, disclosed recently that it had amassed a 9.5% stake in Church.
" E  m: _8 ^( W+ H- vReflecting in part the high level of merger and acquisition speculation in the industry, as well as a fundamental re-covery in Asia, the Morgan Stanley luxury goods index was up 65% year-to-date earlier this week, crushing broader stock market indices.
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+ T/ |+ O% _, J9 f7 ]* H# q" B   Giancarlo Di Risio, president of LVMH Moet Henness, R; A! X4 w: s# l+ \. I0 l" [$ o# Y
  
- D5 Q; e' E- O5 f   is it appropriate- u* ~: k4 E; E, p' H$ R8 o2 V
  
8 n8 J+ p2 j) U4 J   Mr. Toledano said he planned to expand further into retail lines like shoes and
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