French fashion house of Balmain has been put up for sale by the heirs of Alain Hivelin, owner of the label until his death a year ago. The mandate for the sale, which would also include the 30% minority stake held by relatives of Hivelin’s family, would be entrusted to the investment bank of Bucéphale. The fashion house’s evaluation should be between 300 and 400 million euros, which according to rumors has already aroused the interest of several international funds, ready to lay hands on the label led by Olivier Rousteing.
Balmain Spring Summer 2016 ad campaign
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