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Friday October 31st 2014

Pierre Cardin fashion house for sale for a billion

Pierre Cardin fashion house for sale for a billion

Pierre Cardin fashion house for sale for a billion

The famous French designer Pierre Cardin (Pierre Cardin), who devoted the creation of clothing for more than 60 years of his life, often repeated that fashion and to this day remains for him the drug.In love with what he does, famous and influential couturiers have decided to put his child – fashionable empire Pierre Cardin – for sale.
That prompted the Grand Master announced the sale of his fashion house, is still unknown.Sam Pierre Cardin claims that is not guided by money matters, and do not call it the latest victim of financial crisis.
That is why 86-year-old designer to leave for a song with a smart home, they are based in the distant 1950, not in a hurry.According to him, he agreed to sell the empire only on condition that the buyer will offer him the necessary amount – and no cents less.

The cost of his brainchild designer estimated at 1 billion euros (1.3 billion dollars).Price issue – 1 billion euros, and if potential buyers do not drag it to a value that is their problem – not mine “- put an ultimatum to the designer. “And it is not because I really need the money” – added the maestro, ahead of logical questions.
As recognized Pierre Cardin, the idea of selling his company he came back in the last year, but because suddenly struck Europe, the economic crisis quickly find a buyer’s credit has not been possible.