Zagliani

Not so long ago I spoke to Tamara Mellon about Labelux, the German luxury group that is privately owned by the reclusive Reimann family, and the fact they had bought her company, Jimmy Choo, from TowerBrook private equity. She was thrilled. And yet, here we are, a mere half year later, and Ms Mellon and her CEO, Josh Schulman, have both resigned. What happened?

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Oh, the tangled web these luxury moguls weave. We all know about Bernard Arnault and Francois-Henri Pinault, but how about those Reimanns? Granted, the name doesn’t rhyme as well with their rivals, but the German billionaires are creeping down the luxury acquisition warpath led by executive Peter Harf.

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