Labelux has splurged on yet another brand, though “splurge” might be an exaggeration – they wouldn’t disclose how much it cost. But just two weeks after snapping up Jimmy Choo from TowerBrook, Labelux, the private, Vienna-based luxury group owned by Joh A. Benckhiser SE, a holding company owned in turn by the reclusive Reimann family, has bought Belstaff, of biker leather chic fame. Read more
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