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GIUSEPPEZANOTTIDESIGNANDLIFELUXURYGROUPENTERINTOASTRATEGICJOINTVENTURE

FORTHEGREATERCHINAMARKET

HongKong,16April2016GIUSEPPE ZANOTTI DESIGN and LIFE LUXURYGROUPhave entered into astrategicjointventureforacceleratingthedevelopmentofGiuseppeZanottiDesignbrandinGreaterChina.This strategic partnership will allow GIUSEPPE ZANOTTI DESIGN to fullyleverageon theestablished retail andoperational expertiseof LIFE LUXURYGROUP,withtheobjectivetocontinueandbringtonewheightsthesuccessstoryofthebrandontheChinesemarket.GIUSEPPEZANOTTIDESIGNenteredChinaforthefirsttimein2007followingafranchisingagreementwithLIFELUXURYGROUPandtodaythebrandboastsabout15stores intheregion:4 inHongKong,2 inMacau,3 inBeijing,3 inShanghai,1inGuangzhou,1inChongqingand1abouttoopeninNanjing.At the same time this joint venture represents for LIFE LUXURYGROUP theconsolidationof the long term relationshipwithoneof themost successfulbrandsinitsportfolioofItalianexcellencesinfashion,footwearandfood.For the entire strategic operation and its implementation LIFE LUXURYGROUPwasadvisedbyPALAZZARI&TURRIES.

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AboutLIFELUXURYGROUPHeadquartered inHongKong,LifeLuxuryGroup isspecialized in introducingItalian luxury brands into the Greater China market. Working as a bridgebetween Italian finestartisansandelite class inGreaterChina region, LIFE’sstrength rests with brand building through store openings in the moststrategicdestinationsandeffectivemarketingactivities.www.lifeluxurygroup.com

AboutGIUSEPPEZANOTTIDESIGNKnown for itsuniquestyle,high fashiondesignandexquisitecraftsmanship,Giuseppe Zanotti Design is the eponymous Italian luxury shoe brand underthecreativedirectionofMrZanotti.ControlledbyViciniSpa,GiuseppeZanottiDesignwascreatedinthemid1990’sandhasrapidlybecameoneofthemostsoughtafterluxurybrandsinthemarketcurrentlyboastingnumerousflagshipboutiquesaroundtheworld.www.giuseppezanottidesign.com

AboutPALAZZARI&TURRIESPalazzari & Turries is an M&A advisory boutique firm with offices in HongKong, Milan and Paris, originating, structuring and implementing strategiccross-borderorcross-culturalstrategictransactions.Palazzari&Turriesisbackedbyitsstrategicshareholder,TamburiInvestmentPartners (TIP), an investment merchant bank listed on the Italian StockExchange.www.palazzari.com

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Formoreinformation,pleasecontact:Tel:(852)25259500Fax:(852)29051318info@palazzari.comwww.palazzari.com1105,11/FRegentCentre,88Queen’sRoadCentral,HongKong