Who will be the lucky buyer of Pomellato?

The Milan based high end Jewellery brand Pomellato is still up for sale. It has been reported that several Groups such as LVMH and PPR have made an offer to buy out the Milan-based Jewelry brand. According to a recent report published by Reuters the sale of Pomellato to PPR was expected to close by the end of March, while the Italian jewellery family Damiani would retain its 18 percent stake in the company. On the other hand, it was also reported that LVMH made an offer for Pomellato that is higher than PPR’s offer. Pomellato is well presented in the Middle East region and it enjoys an exclusive boutique in Dubai at the Dubai mall.