Saturday, May 26, 2012

Kazakh socialite "Lady Goga" bags Vionnet

Vionnet autumn-winter 2012 / Photo: VionnetMILAN - Kazakh billionaire Goga Ashkenazi, best known for her opulent lifestyle and high-society friends, has agreed to buy a majority stake in fashion house Vionnet, the latest acquisition of a European luxury brand by new-money investors. The London-based entrepreneur with interests in the oil industry will help the house, founded in 1912 by French couturier Madeleine Vionnet, grow in a globalised industry, despite headwinds in Europe, the company

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