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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.; ?/ H# Q( C1 `& u) F' {
As a backdrop to speculation about the five sisters, their would-be partners also share a complicated history.& f; @7 ~6 I% c* \
Paris-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.( T1 W; U5 c# C& r
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.
5 ?% J, _% U) R+ k/ a. X1 R+ }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.3 A9 W7 `9 G6 N" j; y
Italian 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.
$ H: i" f& p! {* @8 b+ NReflecting 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.& P  {% z$ R, k5 @
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) [' I3 R9 l# K) `$ I- ^   Giancarlo Di Risio, president of LVMH Moet Henness
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   Mr. Toledano said he planned to expand further into retail lines like shoes and
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