Thomas Meyer acquires 10% Desigual stake from Eurazeo

After posting a 14.5% drop in sales for the first half of 2018, compared to the same period last year, Desigual has announced that Thomas Meyer, the Spanish brand's founder and CEO, has acquired a minority stake in the label, the same stake owned by Eurazeo investment firm. The activity means Meyer is now the sole shareholder in the Barcelona-based label, a move justified by the current "market situation," according to a press release.

2018 - Media Team Retailp.com