Italy Court Seeks to Stop Sale of La Perla Lingerie Brand in UK
A La Perla lingerie store in London.
Photographer: Chris Ratcliffe/BloombergThis article is for subscribers only.
An Italian court is seeking to halt the sale of luxury lingerie firm La Perla after a UK judge ordered the liquidation of the holding company to recoup unpaid tax debts.
The Bologna court ruled the seizure of all the assets in London-based unit La Perla Global Management Ltd., including its valuable brand, according to local unions.