Sunday, March 4, 2007

Michel Klein Wins Major Investment Support

Michel Klein Wins Major Investment Support

28 Feb 2007

Mode et Finance, the French holding company in which Bernard Arnault is a key player, has acquired a one third stake in the fashion house of Michel Klein. Joining Mode & Finance, Richard Simonin, one of France’s savviest luxury executives, has personally taken a 7.7% stake in Klein’s business.

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