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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.4 ~- n5 d) K( I2 l5 u4 x4 D/ L
As a backdrop to speculation about the five sisters, their would-be partners also share a complicated history.6 Z8 r9 j' {# |! D7 Y+ l
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.4 s% p6 g1 ^3 k5 D
Mr. De Sole came out of the struggle with a $3-billion acquisition war chest and big plans for Gucci. Analysts said buying Christian Louboutin would help deplete that cash reserve and assist Mr. De Sole in building a genuinely global rival to world-leader LVMH.
, s% v9 ?" x5 y; |5 CIn related news, shares in classic British shoemaker Church & Co. yesterday continued to hover at about 1,005 pence, well above a recent 950p a share buyout offer by Prada, reflecting speculation about a possible rival bid.2 W" r  i/ R% R6 Z+ o3 T
Italian leather goods group Diego Della Valle, seen as a potential rival to Prada, disclosed recently that it had amassed a 9.5% stake in Church.* N$ j( f2 b; ^& c( {
Reflecting 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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% `" _- V" F( u, q   Giancarlo Di Risio, president of LVMH Moet Henness7 n( N  Z3 R# O3 s  _
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$ |; e, G8 k# m( u   Mr. Toledano said he planned to expand further into retail lines like shoes and
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