In reference to the latest rumors about a transaction on Valentino, the company firmly denies that a sale of its shares has happened. The CEO of Valentino Fashion Group and Valentino, Stefano Sassi, comments: "As previously stated, Valentino has seen increasing interest from a number of potential buyers. The outstanding work and stylistic vision of Creative Directors Maria Grazia Chiuri and Pierpaolo Piccioli and the constant growth of company's results have generated great attention towards the brand".
In this context, an exclusivity has been granted to one of the potential buyers, who expressed interest in the long term potential of the brand, and it is expected to expire during the month of July.
