PARIS — Beefing up its luxury lingerie portfolio, Belgian innerwear manufacturer Van de Velde has acquired the family-owned, Spanish premium lingerie firm Andres Sardá, including its sister brands Risk and University.
Van de Velde, advised by Paris-based investment banking firm Ohana & Co., purchased 100 percent of the shares of Eurocorset, Andres Sardá's holding company, plus the brand for 14.6 million euros, or $22.6 million at current exchange.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
"That's something that resonates with me too because I'm so locked into a number. If I go over that number it completely ruins my day so it's nice to get detached from the number on the scale." - Chelsea Handler on Kelly LeVeque's book "Body Love." #wwdeye (📷: John Salangsang)