Business of Fashion: Isabel Marant Up For Sale?
One of the leading European investment companies, Eurazeo, is said to be in preliminary talks to take a majority stake in Isabel Marant.
While unofficial, talk of this transaction has been circulating for a few weeks, currently in a stage of due-diligence. Earlier this year, the designer expressed interest in a possible sale but remained clear that any such sale would be on her own terms.
She commented: “I’m very happy about being independent, being sold in the nicest department stores all over the world. But my aim with my label is not to be on all the corners. I would like to keep a certain confidentiality, even if it’s not, really. I think when things become too much it becomes a bit disgusting.”
Marant further commented that taking on an investor is not confirmed but stated “I’m not saying no because I never know what’s going to happen.”by