MILAN - Private equity fund JH Partners LLC said it has attained 100 percent control of La Perla Group by acquiring the 30 percent stake held by Alberto Masotti’s Nute Partecipazioni.
Masotti, whose family founded the Bologna-based innerwear company, had retained his title as chairman and a seat on the board when San Francisco-based JH Partners bought 70 percent of La Perla in July 2007. In tandem with the transaction, Masotti will retire from the company.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"