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Agreement between Ferragamo and Chanel; Ferragamo to acquire control of Emanuel Ungaro fragrances.


FLORENCE, Italy--(BUSINESS WIRE)--July 15, 1996--Less than two weeks after the announcement of the agreement between Salvatore Ferragamo
This article is about the fashion designer. For the company, see Salvatore Ferragamo Italia S.p.A.
Salvatore Ferragamo (June 5, 1898 - August 7, 1960) was a 20th century Italian footwear designer, providing Hollywood's glitterati
 Italia SpA and Emanuel Ungaro Emanuel (Maffeolit) Ungaro (born 1933 in Aix-en-Provence) is a French fashion designer. Life
Born to Italian parents who had fled to France from Brindisi because of the fascist Italian government. As a young boy, Emanuel Ungaro took to sewing like his father, Cosimo.
 S.A., Ferragamo today announced that an agreement had also been reached with Chanel Inc. for the acquisition of the Emanuel Ungaro fragrance trademarks.

Terms of the transaction, subject to due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired.  reviews, were not disclosed.

Furthermore, Ferragamo announced it had reached an agreement with the Societe Parfums Ungaro SARL SARL South African Radio League
SARL Société Anonyme à Responsabilité Limitée (French: limited liability company)
SARL Salem Animal Rescue League (Salem, NH)
SARL Sociedade Anónima de Responsabilidade Limitada
, an affiliated company of Chanel, which will keep the global distribution, production, and marketing of the Emanuel Ungaro fragrances.

According to Ferruccio Ferragamo, the acquisition of the Ungaro fragrance trademarks completes the integration of the brand. "The Emanuel Ungaro fragrances are an important component of the Ungaro name. This acquisition allows the entire image of the Emanuel Ungaro company to be managed and developed together, under a single organization," he stated.

CONTACT: Salvatore Ferragamo PR Office (Florence)

Domitilla Caratti

(39.55) 33.60.453/406

or

Salvatore Ferragamo PR Office (New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
)

Susan Bodnar

212/838-9470

or

Edelman PR Worldwide (New York)

Kerry O'Brien

212/704-8291
COPYRIGHT 1996 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jul 15, 1996
Words:180
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