The Czech lawyer Jaroslav Havel and a group of Czech investors have purchased the Beltissimo chain of luxury fashion boutiques. The group plans to invest CZK 300m over the next three years, focusing on fashion, health care, sport and magazines for wealthy clientele. It hopes to achieve CZK 1bn turnover by 2017. Beltissimo operates several boutiques that are licensed to sell Armani Jeans, Ralph Lauren, Marc O’Polo and Calvin Klein goods. The company has shops in Slovanský dům, Obecní dům, Palladium and Centrum Chodov in Prague. Hospodářské noviny writes that the investment group operates as Czechoslovak Premium Brands and is currently in negotiations about its organizational structure. The group has established an investment fund called Czechoslovak Capital Partners.
