By  on October 30, 2017

NEW YORK — There’s a new Corneliani in the offing.

Last June, the luxury Italian men’s brand sold a majority stake to Investcorp, the Bahrain-based investment group, in a deal estimated at around $100 million. Corneliani, founded in 1958 and still based in the northern town of Mantua, reported sales of more than 110 million euros in 2015.

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