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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...

8 Jul 2016