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Business

Luisa Via Roma announces 152 million dollar investment

Luisa Via Roma has entered a deal with Milan’s private equity fund Style Capital, a company that also has stake in fashion brand’s Zimmerman and MSGM. Style Capital is investing 152 million dollars in the Italian e-commerce company and current chairman and CEO Andrea Panconesi will retain 60 percent of control of the business. The news was...

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Fashion

Luisa via Roma reports record sales of 130 million euros

Florentine boutique and e-commerce platform Luisa via Roma, or luisaviaroma.com, has quietly made a turnover of 130 million euros, according to Italian news outlet Ansa. Driven almost entirely by its online sales (95 percent) the Italian fashion group counts shoppers in Russia, South East Asia and Latin America amongst its core online customer...

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