While MSGM has sold a 32 percent stake to Style Capital, market sources say that Italian fund Alis is about to invest in Antonio Marras.
Following the acquisition, Massimo Giorgetti will remain creative and artistic director of the fashion label he founded in 2009.
After a busy first half, Italian investors are busy finalizing deals in the designer apparel and eyewear sectors.
Lennon Gallagher will also front the label’s fall ad campaign.
Thimister will collaborate on the collection, which is being designed by the in-house team following the exit of Massimo Giorgetti last month.