Chinese conglomerate Gangtai Group has purchased an 85 percent stake in Italian jeweller Buccellati, a recent report revealed. Private equity firm Clessidra earlier acquired 67 percent of the jeweller in 2013. After the sale to Gangtai, Clessidra and the Buccellati family will retain a 15 percent stake in the brand, a report from Luxury Daily said. Marco Carotenuto, managing … Read More →