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Versace, Barneys, Vertu and Louis Vuitton – News briefs


Today in luxury marketing:

FSI values Versace at $1.5B: sources
Italy's state-backed fund Fondo Strategico Italiano, one of the bidders for a minority stake in Versace, is willing to put in an offer valuing the whole fashion house at $1.5 billion, people familiar with the issue said, according to Reuters.