Italian entrepreneur-creative Elisabetta Franchi comes back to be the sole owner of the fashion griffe bringing her name. She will actually back back from Trilantic Capital Partners Fund a 25% stake in Betty Blue spa, the company owning Elisabetta Franchi’s brand, by the end of this year, she told in an interview to il Corriere della Sera-Economia.
Trilantic had bought its stake in October 2013 ( see here a previous post by BeBeez) aiming at doubling Betty Blue’s revenues in 5 years and listing the company on the Italian Stock Exchange.
However the company closed FY 2016 with figures in line with 2013’s ones with 101.9 million euros in revenuues (from 100.8 millions), a 20.3 millions ebitda (from 17.2 millions) and 2.8 millions of net cash (from 6,5 millions) (see here an analysis by Leanus, after free registration and login).
