WWD.com/beauty-industry-news/financial/itochu-buys-a-40-stake-in-paul-smith-546968
financial
financial

Itochu Buys a 40% Stake in Paul Smith

Sir Paul Smith has a brand new business partner - his longtime Japanese licensee Itochu. In an unexpected move, the designer's wife, Pauline Denyer Smith, and his managing director, John Morley, have sold their combined 40 percent stake in the company...