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Swinger International acquires sneaker brand Philippe Model

Philippe Model, an internationally recognised sneaker brand, has been sold to Swinger International spa. The seller was 21 Invest, the private equity fund founded by Alessandro Benetton. With this acquisition, the company strengthens its presence in the premium fashion segment. The brand's sneakers are available in key European, American and...

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Alessandro Benetton’s investment fund acquires Philippe Model

The Italian luxury sneaker brand Philippe Model has been acquired by 21 Investmenti, Alessandro Benetton’s investment fund. Particulars of the deal are unknown, although the investment fund is said to have taken a majority stake of 70 percent in the company, FashionMag.com reports. Philippe Model was founded in the eighties by its current...

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