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 …
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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 …
Mike Ashley’s Frasers Group Buys Matchesfashion
Frasers Group, the retail group owned by British high street tycoon Mike Ashley, has agreed to buy luxury e-tailer Matchesfashion for just £52 million ($63 …
Lanvin Group Replaces Joann Cheng With New CEO
Joann Cheng, the chairman and CEO of Lanvin Group, the Chinese luxury firm that owns Lanvin, Wolford and Sergio Rossi, is stepping down. She will …
Gulf Luxury Recommerce Market to Hit $780 Million by 2026, Chalhoub Group Forecasts
The luxury re-commerce market in the Gulf region is expected to hit a value as high as $780 million by 2026, up nearly 60 percent …
Zegna Aims to Open 50 Tom Ford Retail Stores, Double Group Margins
Zegna Group forecast average growth above 10 percent per year mid-term as the Italian menswear specialist pursues its newfound momentum as a multi-brand, listed fashion …
Watches of Switzerland Group Plc Says It Will Double Sales by 2028
Watches of Switzerland Group Plc expects to more than double sales and profits by 2028 in a bullish projection for a company whose market value …
Sustainable Cotton Group Boosts Tracking for Top Retailers
Swiss-based sustainability group Better Cotton said on Thursday it has added new functions to a platform that big retailers use to trace materials through their …
Aurelius Group in Talks to Buy the Body Shop, Says Report
The private equity investor Aurelius Group is in talks to buy the beauty products chain the Body Shop, which has been put up for sale by …
UK’s Frasers Group Sees More Profit Growth This Year
British retailer Frasers Group expects profit to rise between 5 percent and 15 percent this year as its biggest brand, Sports Direct, benefits from a …
Soaring Miu Miu Sales Help Boost Prada Group
A “remarkable performance” at Miu Miu along with strong sales in Asia and Europe helped boost Prada Group revenues in the first half, the company …
Sales at Italian Luxury Group Moncler Beat First-Half Expectations
Sales at Italian luxury group Moncler rose 24 percent at constant exchange rates in the first half of the year, thanks to a strong rebound …
Inside Frasers Group Owner Mike Ashley’s Controversial Acquisition Strategy
In British retail, it’s becoming a question of which retailers Mike Ashley doesn’t have a stake in, rather than which ones he does. The billionaire, …