SERGIO ROSSI is reportedly close to finding a buyer, following months of speculation about a potential sale.There are three bidders in the running, WWD reports, private equity firms Lion Capital and Emerisque, and investment house Investindustrial.

Although neither Kering nor the three potential buyers have commented yet, one of the three – British-based Lion Capital – stands out for its fashion experience. The former owner of Jimmy Choo, Lion Capital also operates AllSaints, John Varvatos and GHD in the apparel and beauty sphere, while the other two suitors have slightly less fashion pedigree.

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