Armani “doesn’t rule out” merger or IPO in succession plan
By Bloomberg Published Apr 19, 2024 Three months before his 90th birthday, Giorgio Armani is hinting at possible big changes for his Italian fashion empire once he’s no longer in…
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American Golf maintains UK market share as Oddy-inspired results improve
A strategic business “reset” has helped UK-based American Golf improve its fiscal scorecard. In a fiscal year that first saw Nigel Oddy appointed to head the business last April, the…
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Eurofragance boosts revenue by 20% in 2023, reaching €146 million
Translated by Roberta HERRERA Published Apr 19, 2024 Eurofragance, the Spanish multinational fragrance company, reported sales of €146 million in 2023, marking a 20% increase over the previous year, as…
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UK consumer confidence may keep rising but spending concerns remain
UK consumer confidence isn’t just on the up again, it’s reached a new two-year high amid improving personal finances, especially among the 25-34 year-olds. But that isn’t necessarily feeding through…
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L’Oreal shares shine after Q1 sales beat expectations
By Reuters API Published Apr 19, 2024 Shares in L’Oreal rose more than 4% % in early Friday trading after the French cosmetics giant reported a 9.4% rise in first…
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L’Oreal sales rise 9.4% as mass market makeup outshines luxury
By Reuters API Published Apr 18, 2024 L’Oreal reported a 9.4% rise in first quarter sales on a like-for-like basis on Thursday, beating expectations and easing concerns about a slowdown…
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Nike nears eight-figure endorsement deal with basketball star Caitlin Clark
By Bloomberg Published Apr 18, 2024 Nike Inc. is nearing an eight-figure endorsement deal with basketball star Caitlin Clark ahead of her professional debut set for May, according to a…
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Ray-Ban maker EssilorLuxottica’s revenues rose 5.5% in first quarter
By Reuters API Published Apr 18, 2024 Eyewear maker EssilorLuxottica posted on Thursday a 5.5% increase in revenues in the first quarter, thanks to solid growth in Europe and despite…
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In Olympics launch, Adidas seeks to broaden sport appeal
By Reuters API Published Apr 18, 2024 Adidas launched new shoes for 41 Olympic disciplines at an event in Paris on Thursday, alongside sponsored athletes including climbing gold medallist Janja…
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LVMH highlights its socio-economic impact at its Annual General Meeting
“In a group like ours, you have to keep the entrepreneurial spirit. Even if it’s a group of a certain size, you have to feel as if you’re in a…
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