Escada Sold! Steel Billionaire's Daughter-In-Law Wins Bidding War.
Megha Mittal This morning the news broke that Megha Mittal, daughter-in-law of Billionaire CEO Lakshmi Mittal, won the bidding war for Escada yesterday. After a long and arduous bidding battle, Mittal successfully beat out an offer by Sean Ley, the son of Escada's founders. Mittal will buy the fashion house for an undisclosed sum, and …
