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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.0 p% Q) u8 C* o/ F& z+ W2 I" f7 M
As a backdrop to speculation about the five sisters, their would-be partners also share a complicated history.
- Y" r. s5 Q- uParis-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.6 l4 s; M! y0 \1 R' }4 I. ?
Mr. De Sole came out of the struggle with a $3-billion acquisition war chest and big plans for Gucci. Analysts said buying Christian Louboutin would help deplete that cash reserve and assist Mr. De Sole in building a genuinely global rival to world-leader LVMH.
# x  v- q+ T6 z% R2 QIn related news, shares in classic British shoemaker Church & Co. yesterday continued to hover at about 1,005 pence, well above a recent 950p a share buyout offer by Prada, reflecting speculation about a possible rival bid.* D5 [  `6 }1 L2 X
Italian leather goods group Diego Della Valle, seen as a potential rival to Prada, disclosed recently that it had amassed a 9.5% stake in Church.; O$ m# H7 w+ C0 x6 \- G, R
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.7 I4 G" K8 n& u, F
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9 b: P( C5 Q4 u( G/ S+ K   Giancarlo Di Risio, president of LVMH Moet Henness9 Z+ F( j1 w5 ^  R, d, d3 z
  
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   Mr. Toledano said he planned to expand further into retail lines like shoes and
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