2 days ago
Former Expedia CEO Buys Troubled Luxury Lingerie Brand La Perla
Former Expedia Chief Executive Officer Peter Kern is set to rescue Italian luxury lingerie brand La Perla, capping a years-long saga for the troubled brand.
The move by Kern, using the vehicle Luxury Holding LLC, will give 'perspective and future' to a 'global icon of Italian fashion,' Italy's Enterprise Minister Adolfo Urso said in a statement Tuesday.
