Bruno Magli might soon become a Korean brand
Economia

Bruno Magli might soon become a Korean brand

The Italian luxury leather-wear house has been reporting negative results for the past five years

After shutting down some factories aiming at returning to profit as soon as possible, the Italian brand Bruno Magli might soon be sold for 50m euro to South Korean investors.

The Italian luxury leather-wear house founded in 1936 and distributed in 31 countries worldwide has been reporting negative results for the past five years.

Because of debt accumulation and output and retail slowing down, the Italian brand might soon be sold to a South Korean investment consortium including E-land e CDIB Capital. E-Land is one of Asia's largest apparel and accessories retailers with over 10.000 stores.

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Claudia Astarita

Amo l'Asia in (quasi) tutte le sue sfaccettature, ecco perché cerco di trascorrerci più tempo possibile. Dopo aver lavorato per anni come ricercatrice a New Delhi e Hong Kong, per qualche anno osserverò l'Oriente dalla quella che è considerata essere la città più vivibile del mondo: Melbourne. Insegno Culture and Business Practice in Asia ad RMIT University,  Asia and the World a The University of Melbourne e mi occupo di India per il Centro Militare di Studi Strategici di Roma. Su Twitter mi trovate a @castaritaHK, via email a astarita@graduate.hku.hk

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