Announced
Completed
Synopsis
Marco Bizzarri, an Italian business executive, completed the investment in Elisabetta Franchi, a clothing store. Financial terms were not disclosed. ”The designer’s parent company, Betty Blue, which closed 2023 with sales of 170m euros and a margin of earnings before interest and taxes of 31.8 percent, relies on its own production chain. The brand is present in 78 countries and counts about 100 monobrand stores.“She has continued to grow the company through the years, despite all the changes in the industry and with such high profitability. She is very much hands-on, and, while a designer, she is also a businesswoman alone in command for years, very energetic and of great intelligence,” Marco Bizzarri.
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