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St. John Owner to Buy Sergio Rossi With Eyes on China Growth

Today's fast-moving fashion industry demands an agile, consumer-led retail model, but how do you get there? Join our webinar "Consumer-Led Retail: Optimizing Assortments at Speed" Sept 28th, featuring experts from MakerSights and DTC brand Taylor Stitch.

Shanghai-based Fosun Fashion Group (FFG) has entered into an agreement to completely acquire Sergio Rossi, it announced Thursday. The Fosun International associate will buy the Italian footwear brand from Absolute Luxury Holding, an independently managed investment subsidiary of Investindustrial. Since its founding in 2017, FFG has acquired majority ownership of several luxury brands, including the…

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