Hiking Bid to $375M, Fiat Outpaces CVC to Win Race for GFT
Milan -- Raising its offer for GFT SpA to the equivalent of $375 million (600 billion lire), Gemina SpA, a Fiat investment group, has beaten back a last-minute bid by CVC Capital Partners to capture the designer-label manufacturer.
The suit is finally making a comeback. Follow along on Snapchat to hear more about trends, experiences and what's next in online-offline innovation from industry leaders at the WWD Men's Wear Summit. #wwdfashion #wwdsummits (📷: @chddvs) Styled by @thealexbadia