EFTA02554396

From: Mark LLOYD < Sent: Tuesday, May 15, 2012 11:00 AM To: [email protected] Subject: Re: Agreed, there are a lot of=considerations to take into account. The shop in Av Montaigne i= under offer already (E3.7M) and should be replaced with something a quart=r of the size in Av Faubourg St Honore or the Left Bank. Happily most of the labour=that is left are all crafts people who do an amazing job. The useless CFO =as already left and there is no marketing director either. THe CEO Y=es Alain Petitjean is unimpressive. He claims he has had his back against =he wall since he started 18 months ago due to inadequate funding. This is =artly true, though I don't think he gets this market or its potential. Wit= a proper team in place, I believe this can be managed. In the first instance very=little cash has to be put up. It is more about commitment to retain the em=loyee levels that concern the French Court more than anything else.=/div> Ironically, the market for=this product line (the super rich) are getting richer. It has been poorly =anaged and hopelessly marketed for ten years. I believe it could be turn=d round within 2 years. Cash required to purchase =nd run it for this period would be less than 7.5M Euros. Original Message From: Jeffrey Epstein <[email protected]> To: Mark LLOYD Sent: Tue, 15 May 2012 11:50 Subject: Re: difficult to assess. the brand is great .. the french labor , regulat=on, lease. issues are complex. On Tue, May 15, 2012 at 12:00 PM, Mark LLOYD < ./a» wrote: EFTA_R1_01711772 EFTA02554396 <mailto: Jeffrey, Do you think D. Porthault is worth pursuing? If=so, would you consider backing me? We would need to submit a business plan=to the French Judge at the Bankruptcy court by May 24th which does not giv= us much time. Clearly we would need to find a really could CEO and =FO and develop a marketing strategy. I really think this is a jewel that has lost its lust=e and with a bit of polishing could regain its brand stature on the global=map in a relatively short period of time. The exit would be in 3-5 years when it might be sold =o Chanel, Richemont or LVMH. Just let me know either way ASAP, so I can pursue oth=r avenues if its not of any interest to you. As ever, Mark The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of Jeffrey Epstein Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to [email protected] <mailto:[email protected]> , and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved 2 EFTA_R1_01711773 EFTA02554397