Style Capital, an Italian private equity firm, has acquired an 80% stake in the emerging Italian luxury brand Giuseppe di Morabito, while the brand’s founder will maintain a 20% ownership. The exact financial details of the transaction have not been revealed.
The deal was a collaboration between Style Capital and Italian clothing manufacturing company Paoloni. The two parties had previously partnered in 2018 for the acquisition of Italian fashion brand MSGM.
Both parties have expressed their readiness to inject new vitality into Giuseppe di Morabito. Roberta Benaglia, Founder an …