By  on October 9, 2013

MILAN — Versace may be looking at plan B.

Industry sources say turning to the banks may be an alternative to finance future growth for the Milan-based fashion group, as talks to secure a minority shareholder may be taking longer than expected. “Potential investors want to have a say in the decision making, so they are vying for either a greater stake in the company or for more power, but the Versace family is loath to relinquish either one,” said a source, who spoke on condition of anonymity.

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