Moncler investor sells stake at 67 euros, shares down over 3%
By Reuters API Published Mar 19, 2024 Italy’s Rivetti family, former owner of the Stone Island brand, said on Tuesday it had sold a stake in Moncler, sending the Italian…
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Ykone buys majority stake in Indian influencer agency Barcode
Translated by Nicola Mira Published Mar 19, 2024 French group Ykone has extended its international presence. The group is a major player in the influencer marketing sector, and was sold…
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US lawmaker demands LVMH’s Loro Piana answer for ‘exploitation’ in Peru
By Bloomberg Published Mar 19, 2024 A US lawmaker wants Loro Piana to answer for what he sees as the “exploitation” of Indigenous workers providing raw materials for the Italian…
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The RealReal narrows losses in Q4, sees improving year
The RealReal reported a 10% dip in total revenue to $143 million for the fourth quarter, with the luxury online platform narrowing its losses to round out the year 2023….
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Style Capital to finalise acquisition of Autry
Translated by Roberta HERRERA Published Mar 1, 2024 Specializing in premium fashion, Style Capital is poised to add another prestigious brand to its portfolio. The Italian fund led by Roberta…
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Matches COO exits to take up DHL role
Luxury fashion e-tailer matches has had a new owner since December and now it may be on the hunt for a new COO too with news that Stuart Hill is…
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O2 gets off to flying start in 2024 as outlet shopping continues to hit the spot
London’s O2 entertainment district and outlet shopping mall has got off to what it says is its strongest ever start to the trading year “with stellar results throughout January and…
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Superdry extends deadline as go-private talks continue
Superdry on Friday said it was extending its deadline regarding a possible offer — led by co-founder and CEO Julian Dunkerton — to be made for the business. Superdry After…
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Interparfums sets its sights on China
Translated by Roberta HERRERA Published Feb 29, 2024 On Wednesday, February 28, the French specialist in licensed perfumes, Interparfums (known for its licenses with Montblanc, Lacoste, among other brands), presented…
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Shiseido unveils plan for 1,500 voluntary departures in Japan
By AFP Translated by Roberta HERRERA Published Feb 29, 2024 Shiseido, the leading Japanese cosmetics brand, unveiled on Thursday a comprehensive transformation initiative for its Japanese operations, earmarking 1,500 voluntary…
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