Leading investment group, Fosun International, and Pacific Global Management, have mutually agreed to an exclusivity period of 30 business days during which Fosun will complete a due diligence appraisal prior to acquiring majority control of La Perla. The conclusion of the deal is subject to Fosun’s Investment Committee approval. Fosun was founded in 1992 in Shanghai and over the last two decades has evolved from an entrepreneurial start-up into a leading investment group taking roots in China with a global foothold.
Fosun’s vision for La Perla is to continue investing in the brand to develop its full potential as a global luxury fashion house leveraging its unique heritage, craftsmanship skills, and existing management team. Founded in 1954 by the talented corsetry maker Ada Masotti, La Perla is a leading Italian fashion house renowned for its deep heritage in luxury lingerie, and today, revolutionising the world of ready-to-wear. In the second half of 2013, the company was acquired by Pacific Global Management, owned by Silvio Scaglia’s family holding and already active in the fashion industry through the world’s largest model management network, operating under the brands Elite, Women and The Society.
