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Analysts said buying Christian Louboutin would help deplete that cash reserve an

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发表于 2010-8-10 20:44 | 显示全部楼层 |阅读模式
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But Franca, according to reports, favours privately owned Texas Pacific because it has promised that her two chil-dren will keep their jobs with the company if it is taken over.' p- d- D6 s! k8 M0 z9 G. P
As a backdrop to speculation about the five sisters, their would-be partners also share a complicated history.; Y! z- S- J6 c# I$ Y$ Q
Paris-based LVMH's Mr. Arnault earlier this year fought a bitter takeover battle for Gucci with Mr. De Sole. In the midst of that battle, Prada's Mr. Bertelli agreed to sell his Gucci stake, at a nice profit,christian louboutin shoes, to Mr. Arnault. But Mr. De Sole won the day with a bold white knight deal with Pinault-Printemps-Redoute.$ C5 t6 |9 A: b; b9 v
Mr. De Sole came out of the struggle with a $3-billion acquisition war chest and big plans for Gucci. Analysts said buying Christian Louboutin would help deplete that cash reserve and assist Mr. De Sole in building a genuinely global rival to world-leader LVMH.: [( s4 W% p3 Q2 ^+ w4 n9 K7 c8 L! C
In related news, shares in classic British shoemaker Church & Co. yesterday continued to hover at about 1,005 pence, well above a recent 950p a share buyout offer by Prada, reflecting speculation about a possible rival bid.
" {. U. x8 B7 p0 w! F4 d' v# x# YItalian leather goods group Diego Della Valle, seen as a potential rival to Prada, disclosed recently that it had amassed a 9.5% stake in Church.
: F4 p7 k0 a. B0 M: O! A8 {$ ^( i& MReflecting in part the high level of merger and acquisition speculation in the industry, as well as a fundamental re-covery in Asia, the Morgan Stanley luxury goods index was up 65% year-to-date earlier this week, crushing broader stock market indices.4 _! c4 S2 Q1 J' S" b
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) }7 t' Y  L; ?6 ^8 W! N. N   Giancarlo Di Risio, president of LVMH Moet Henness: O! q  m7 F; z  L0 }& P1 K3 [
  
+ |0 x) I; t" a, k2 _   is it appropriate" x6 O" J9 |: k6 ?$ e9 \
  
# L0 R$ C6 |+ B7 g3 O   Mr. Toledano said he planned to expand further into retail lines like shoes and
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