The Mission :
As part of the research done for a shop to establish a new flagship of its brand in Paris, to confidentially and exclusively prepare and lead quality advice, the discussion therefore allowing the Italian leaders ERMENEGILDO ZEGNA to acquire the agreement between three parties in order to implant themselves in the building occupied by the brand JUST CAVALLI.
The Solution :
Having identified the different protagonists, Draco Partners advised the buyer and organised in close consultation with their lawyers, the time schedule and structure of the transaction to implement in order to achieve a balanced tripartite agreement permitting the exploitation of the entire 750m² of this independent building.
The Result :
Draco Partners favoured the conclusion of the take over of the lease held by JUST CAVALLI, while securing a new 12 year lease of corresponding conditions with the Private Foreign Lessor. ERMENEGILDO ZEGNA are planning the opening of their 6th Global Store for Spring 2011.