Modern lingerie
LONDON, United Kingdom — The holding company that owns luxury lingerie brand La Perla will list its shares in Paris on Friday, the company said Wednesday. Chief Executive Pascal Perrier said the listing will increase the company’s visibility and enhance its access to capital — though it is not planning on raising any when it first lists — paving the way for expansionary M&A down the road. Perrier has ambitions to build a portfolio of luxury brands under La Perla Fashion Holding NV, hoping to propel growth while working on a turnaround at the s truggling underwear brand. “For us to be listed on Eurone xt Growth in Paris demonstrates that our strategy for growth has incredible credibility,” Perrier said. “There is a clear plan to further invest and build a portfolio of businesses in the luxury sector,” he added, though he declined to give any timetable or indication of the kinds of investments that might be of interest....
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