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

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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.
As a backdrop to speculation about the five sisters, their would-be partners also share a complicated history.
9 v6 R3 N* v) I& v; JParis-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.
% b0 m/ a# R4 r6 }! E3 U, i* \1 \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.
2 W! y# {6 {9 `. j0 l# fIn 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.
. A  m7 ~. o5 \5 `Italian 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.
7 F* W& C2 B1 Q* `( s% [6 NReflecting 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.
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. d/ C" R( f* ~* Z& `9 l   Giancarlo Di Risio, president of LVMH Moet Henness
  
6 q) o- {2 s! }' C" D$ J   is it appropriate
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" Q% U4 P, i  p" _9 |( u   Mr. Toledano said he planned to expand further into retail lines like shoes and