After selling its Valentino business last year, Permira said Tuesday it has divested the MCS We The People brand, formerly known as Marlboro Classics, controlled by MCS Italia SpA. The transaction took place between the Emerisque Brands UK Limited investment vehicle Cavaliere Holdings S.à r.l. and Red and Black S.à r.l., indirectly controlled by the Permira Funds with the Marzotto family. Financial details were not disclosed. Emerisque said it is potentially eyeing further acquisitions in Italy.
"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)