Puig Brands SA kicked off its €2.6 billion ($2.8 billion) initial public offering, the largest in Europe so far this year, as the Spanish fragrance …
group
Lagardère Group Launches Egyptian Edition of Elle Magazine
The French publisher has appointed Tunis-based firm Nissa Editions Group as the local licensing partner and Cairo-based fashion media veteran Susan Sabet as both managing …
Luxury Group Zegna Posts 19.3% Jump in FY Organic Sales
Italy’s Ermenegildo Zegna posted a 19.3 percent increase in full-year organic revenue on Friday and proposed a 20 percent hike in its annual dividend, helped by …
Armani Group Owned Company Put in Receivership Amid Labour Exploitation Probe
An Italian court on Friday placed under judicial administration a company owned by Italian fashion group Armani, accused of indirectly subcontracting its production to Chinese …
Power Moves | Tapestry Appoints CFO, LVMH Fashion Group Has a New Deputy CEO
Tapestry appoints Scott A. Roe CFO and head of strategy. The longtime VF Corp. executive will lead financial functions as well as the strategy and …
Frasers Group to Shutter Matchesfashion
Frasers Group is putting Matchesfashion into administration, just over two months after the retail giant acquired the struggling luxury e-tailer for £52 million ($66.6 million). …
Senior Vuitton Executive to Join Michael Burke at LVMH Fashion Group
A top Louis Vuitton executive is set to join the LVMH fashion group, the division of the luxury conglomerate that houses labels including Celine and …
Macy’s Surges After Investor Group Sweetens Take-Private Bid to $6.6 Billion
Macy’s shares jumped 16 percent before the bell on Monday after investors Arkhouse Management and Brigade Capital sweetened their take-private bid over the weekend, valuing …
Lanvin Group Annual Revenue Flat in 2023
Lanvin Group reported preliminary annual revenue last year that rose by 1 percent to â¬426 million ($461 million) last year, hamstrung by weakness at its …
Margiela and Diesel Fuel Rise in Sales for OTB Group
Despite macroeconomic conditions that challenged players across the luxury industry, sales for Milan-based OTB Group rose 10.2 percent year-over-year to â¬1.9 billion ($2 billion) in …
Climate Group Lodges Greenwashing Complaint Against Lululemon in Canada
Climate advocacy group Stand.earth has lodged a greenwashing complaint against Lululemon with Canada’s Competition Bureau. The organisation said Monday that it has asked the competition …
Tod’s Group to Go Private in Deal with L Catterton
Tod’s has announced plans to go private in a deal with private equity firm L Catterton that would see the Italian luxury group delist from …
Celebrities at the 2024 Warner Music Group Pre-Grammy Party
The 2024 Warner Music Group Pre-Grammy Party took place at Citizen News Hollywood on Thursday evening, and it looks like the dress code was LBD …
Sofia Richie Grainge Wore Attersee To The Warner Music Group Pre-Grammy Party
Sofia Richie Grainge attended the Warner Music Group Pre-Grammy Party held at Citizen News Hollywood on Thursday in Los Angeles, where she gave us her …
Ronnie Chan to Step Down From Hang Lung Group
Hong Kong property tycoon Ronnie Chan is stepping down from the chairman position of Hang Lung Group, after more than three decades with the firm. …
Zegna Group Sales Up 28% in 2023
Despite a challenging backdrop for the luxury sector, Zegna Group ended 2023 on a high, with a strong fourth quarter over the critical holiday season …
Farfetch Investors Form Group to Oppose Coupang Acquisition
Farfetch’s financial stress continues only a month after finding its white knight. A group of investors, called the 2027 Ad Hoc Group, formed this month …
Swatch Group Dashes Dividend Expectations, Shares Tick Lower
Swatch Group on Tuesday missed profit forecasts for 2023 and proposed a much smaller than expected dividend increase — putting pressure on the world’s biggest …
Michael Burke to Succeed Sidney Toledano at LVMH’s Fashion Group
Former Louis Vuitton chief Michael Burke will become chairman and CEO of LVMH’s Fashion Group, the French conglomerate said Thursday. Burke will oversee Celine and …
L’Occitane Names New Group CEO
Marteau joined L’Occitane in 2022 as group managing director and will maintain those responsibilities; L’Occitane said in a statement that the new chief executive officer …