NYC Investment Firm to Buy Ailing Bruno Magli For How Much?
New York Investment fund, Marquee Brands, is the latest to try to breathe life into ailing Italian shoemaker Bruno Magli.
Marquee is a brand acquisition firm set up by the New York-based private equity firm Neuberger Berman. The company is set to announce today that it will acquire Magli for about $34 million.
The current owner, the Swiss asset management firm Da Vinci Invest, acquired Bruno Magli last January, but has failed to revive the company — as did its previous owner, Fortelus Capital Management, which bought the brand in 2007, according to the New York Times.
Marquee plans to build partnerships and extend the Bruno Magli line into other categories. The plan appears to be to once again try to refashion the label into a lifestyle brand.
Bruno Magli’s corporate offices will be based at Marquee’s New York headquarters, but the brand’s core footwear and leather products will continue to be designed in Bologna and made in Italy.
Related Articles
Ravenna F.C.: Cipriani’s Vision Of Football As A Force For Good
Under the leadership of Cipriani, Ravenna Football Club is redefining the role of sports in society.
Top Destinations To Celebrate the Holidays in Boston
Explore Boston’s culinary and festive offerings this holiday season with luxurious meals, special events, and unique experiences at these standout venues. Photo Credit: The Newbury Boston The Newbury Boston On December 21 through December 23, immerse yourself in a cherished tradition at The Newbury Boston’s exclusive Holiday Tea. Delight in an elegant afternoon featuring meticulously […]
Toronto’s Michelin-Worthy MIMI Chinese Officially Opens In Miami Beach & It’s Worth The Hype
Big Hug Hospitality makes its international debut with the opening of MIMI Chinese in the heart of South Beach.
The Meaning Behind Mr Brainwash’s New “Cars Are Beautiful” Exhibition At The Petersen
Mr Brainwash is taking on and taking over the Petersen Automotive Museum with a haute new two-year exhibition dedicated to haute autos.
The 2024 Haute Joaillerie Gift Guide: Unveiling Rare High Jewelry For One-Of-A-Kind Gifts
From Tiffany & Co. and Carter to Harry Winston and Bvlgari, nothing is quite as special as haute joaillerie gifts for the holiday season.
Haute Living Celebrates “A Complete Unknown” Star Boyd Holbrook With Maker’s Mark In NYC
On December 18, Haute Living hosted an exclusive evening in honor of Boyd Holbrook, star of the upcoming film A Complete Unknown, with a festive event at Maker’s Mark Winter Wheat Wonderland in NYC.
Latest Stories
Trending Articles
Related Articles
Ravenna F.C.: Cipriani’s Vision Of Football As A Force For Good
Under the leadership of Cipriani, Ravenna Football Club is redefining the role of sports in society.
Top Destinations To Celebrate the Holidays in Boston
Explore Boston’s culinary and festive offerings this holiday season with luxurious meals, special events, and unique experiences at these standout venues. Photo Credit: The Newbury Boston The Newbury Boston On December 21 through December 23, immerse yourself in a cherished tradition at The Newbury Boston’s exclusive Holiday Tea. Delight in an elegant afternoon featuring meticulously […]
Toronto’s Michelin-Worthy MIMI Chinese Officially Opens In Miami Beach & It’s Worth The Hype
Big Hug Hospitality makes its international debut with the opening of MIMI Chinese in the heart of South Beach.
The Meaning Behind Mr Brainwash’s New “Cars Are Beautiful” Exhibition At The Petersen
Mr Brainwash is taking on and taking over the Petersen Automotive Museum with a haute new two-year exhibition dedicated to haute autos.
The 2024 Haute Joaillerie Gift Guide: Unveiling Rare High Jewelry For One-Of-A-Kind Gifts
From Tiffany & Co. and Carter to Harry Winston and Bvlgari, nothing is quite as special as haute joaillerie gifts for the holiday season.
Haute Living Celebrates “A Complete Unknown” Star Boyd Holbrook With Maker’s Mark In NYC
On December 18, Haute Living hosted an exclusive evening in honor of Boyd Holbrook, star of the upcoming film A Complete Unknown, with a festive event at Maker’s Mark Winter Wheat Wonderland in NYC.
Subscribe to Haute Living
Receive Our Magazine Directly at Your Doorstep
Embark on a journey of luxury and elegance with Haute Living magazine. Subscribe now and have every issue conveniently delivered to your home. Experience the pinnacle of lifestyle, culture, and sophistication through our pages.
Haute Black Membership
Your Gateway to Extraordinary Experiences
Join Haute Black and unlock access to the world's most prestigious luxury events