Emanuel Ungaro fitting a model | Source: NY Times
The Fall of the House of Ungaro (NY Times)
“Ungaro was losing roughly $15 million a year, and [the Ferragamos] signaled to their bankers to look for a buyer. Abdullah was the only serious buyer who turned up. That was in 2005, and as you probably guessed, he had no experience in fashion.”
Barneys Appoints New CEO (Market Watch)
“Barneys New York, the luxury retailer, with the support of its shareholder Istithmar World, today announces...
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