By  on July 29, 2011

MILAN — The Korean E-Land Group said Friday it has finalized the acquisition of Cadriano, Italy-based accessories brand Mandarina Duck, appointing Christopher Bizzio as chief executive officer.

Bizzio is a former Mandarina Duck executive who previously worked at Salvatore Ferragamo and Trussardi. Financial details were not disclosed, but sources tagged the sale at about 25 million euros, or $35.8 million at current exchange.

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