Following the acquisition, Massimo Giorgetti will remain creative and artistic director of the fashion label he founded in 2009.
Italian private equity fund Style Capital has acquired a 32 percent stake in MSGM Srl, the company controlling the namesake contemporary label founded in 2009 by Massimo Giorgetti with the support of manufacturing company Manifattura Paoloni. The latter will retain a 49 percent share. This confirms a report in WWD last July.
The remaining 19 percent will be controlled by Giorgetti, who will continue to lead the fashion house in the role of creative and artistic director of the brand. [...]