Quotable | Tamara Mellon says that the private equity model does not fit with fashion and luxury

<span class="post-quotemark">"</span>Private equity is about financial engineering, and that model is very difficult to apply to fashion and luxury, when it can take 30 years to really build a brand. It's very stressful on a company to keep going through" the break-ups and new make-ups that are involved with continual changes of ownership.

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