It is expected that the bids for the Italian lingerie brand La Perla will be opened in May and the company will probably be sold in June.
After the deadline for submitting offers, the approximately 20 interested parties have: Inside, access to the virtual data room, in which all information about the La Perla company is stored under administration. According to the Italian news agency Ansa, the potential buyers have about a month to analyze the economic situation of the company and then submit binding offers. The commandments are to be opened in the presence of a notary, with the highest offer being awarded the contract.
The sale includes La Perla Manufacturing, the production facility based in Bologna, and a brand license agreement with a purchase option. There is also the possibility to acquire the Italian part of La Perla Global Management UK and some foreign subsidiaries (VAE and China). The transaction is expected until the end of June.
La-Perla-employed travel to Rome to demand social security
Meanwhile, La Perla’s employees are preparing for a trip to Rome to reaffirm their demand for social security. As the local daily newspaper Resto del Carlino from Bologna reported yesterday, around 100 employees will demonstrate in front of the Italian Ministry of Labor on Friday, March 14th. Around 55 employees of La Perla Global Management UK and La Perla Italia are affected by a possible loss of their services.
For the employees of the British holding company, which holds trademark rights, unemployment benefits have already expired on January 25th.
For the employees of La Perla Italia, who operates retail, the services end on April 10th. The workers: Inside, fear that they are without social security in the weeks before the planned company sale.
Unemployment support for La Perla Manufacturing was extended until November 25th.
This article previously appeared on fashionunited.it and was used with digital tools translated.
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