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Salvatore Ferragamo SpA Increases Its Stake to 75% in Joint Venture Distribution Companies in Greater China; Renews Distribution Agreement with Imaginex


Thursday, 3 Jan 2013 04:31am EST 

Salvatore Ferragamo SpA announced that, giving execution to the previous contractual agreements with Imaginex Holdings Ltd and Imaginex Overseas Ltd, it increases its stake, from 50% to 75%, in the distribution companies operating in the strategic market of Greater China. Salvatore Ferragamo SpA also announced that, continuing the partnership with Imaginex, the Ferragamo Group, already present with more than 100 mono-brand point of sales in the territories of Mainland China, Hong Kong, Taiwan and Macao, has renewed the distribution agreements until December 31, 2019. 

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