Marco Marchi buys 15% stake in Italian department store chain Coin

Marco Marchi, the founder and president of Italian womenswear label Liu Jo has acquired a 15% stake in department store chain Coin through a share capital increase, looking to bolster the group’s growth and transformation. The value of the transaction was not disclosed. Marchi joins the pool of Italian investors that bought the Coin group from UK investment fund BC Partners in March 2018, and will now sit on Coin’s board of directors.

2019 - Media Team Retailp.com