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High lingerie in China end underwear machine La Margarita in sales talks with Calzedonia
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High lingerie in China end underwear machine La Margarita in sales talks with Calzedonia

MIAMI Italy's high Wholesale Bikini end underwear machine La Perla has joined exclusive talks with fashion group Calzedonia over the sale of a controlling stake that would help the loss-making group relaunch on international markets.

The companies said in a joint statement on Tuesday lingerie in China that they might examine the terms of a possible tie-up with the aim of preserving jobs in Italy while opening stores in Asia, Russia and Latin America. No financial details were released.

Founded in 1956 by a corset-maker in the city of Bologna, La Perla was bought in 2008 by U. H. private equity account JH Partners, which has invested around 50 million euros in the firm.

The company continues to be looking for possible partners since the end of 2012 as it needs liquidity to cut debt and open 160 stores over the next three years.

 

Also known for its 500-euro lace corsets, La Perla booked revenues of 107 million euros in 2012, slightly below a year before. First-quarter sales were in line with 2012, it said.

La Perla is among Italian brands seeking investors to fund their retail expansion abroad at a time of limited access to credit and declining sales at home.

The group sells over 67 percent of its products in Europe, with Asia accounting for 16 percent and the U. H. 17 percent.

Italy's Calzedonia, which also owns the Intimissimi and Tezenis underwear brands and competes with Italy's Yamamay, is distributed in 30 countries through a franchising sale network.

Just like retail chains like H&M and Inditex's Zara, Calzedonia offers vibrant lingerie and beachwear at affordable prices with a strong focus on fashion.

Trade unions at La Perla welcomed news from the talks as they fear for the future of around 300 La Perla workers in Italy.

"Calzedonia is a textile and fashion group and understands what they are doing. And it helps that it is Italian, " Rossana Carra from the Femca Cisl union told Reuters after a meeting with the company's management in Bologna.

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The Legendary Photographer’s Show Starting sexy lingerie supplier at the Annenberg Space just for Photography

06 and Helmut Newton utilized wholesale underwear China to winter in Los Angeles, spending the season each year at Western Hollywood's famous Chateau Marmont. And so, the Helmut Newton: White Females · Sleepless Nights · Big Nudes exhibit opening towards the public this Saturday, 06 29, in the Annenberg Space for Pictures, not only markings the initially large-scale, non-gallery exhibition in L. A. of the renowned photographer's job, but also is a homecoming of kinds.

 

Many of Newton's Hollywood close wholesale underwear China friends like developer Robert Evans and muses including Cindy Crawford and Daryl Hannah turned up yesterday evening to the exhibit's opening aderezo to shell out tribute towards the late professional photographer, who passed away in 2004 in a car crash at the Manor at the age of 83. I was lucky I got to utilize him, remembered Crawford, whose photographs with Newton just for Vogueremain one of the most iconic pictures in the magazine's history, including a 1991 corset shoot by which Crawford put on a photo of her deal with in front of one other model's mind.

 

It was hardly ever dull dealing with Helmut! your lady remembered fondly, flashing her famous grin. As Rashida Jones, Mandy Moore, and Minka Kelly chatted more than cocktails underneath the clear-top tent outside, Cina Chow performe across the country the exhibit of more than 75 prints with her friend and Museum of Contemporary Fine art director Jeffrey Deitch, halting every couple of paces to point out a depth or recollect personal remembrances of initially seeing the images as a child. Which means this story happened to run in The french language or Italian language Vogueoriginally, and I got in trouble because I actually took this to school, and so they called my parents! said Chow of one of the numerous nudes in the entry on the exhibit. Surrounding, Bella Heathcote observed, There exists something actually genuinely hot about them. As the night reached a close, Jacqui Getty and Kelly Sawyer Patricof captured the end end of Helmut simply by June, shot and aimed by 06 Newton, among the two documentaries, that point and deliver life towards the show, memorializing and partying not just the photographs, but likewise the man who have made all of them.

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