Rabanne Owner Puig, Shareholders Raise €2.6 Billion in IPO
The listing drew orders for multiple times the number of shares available and is contributing to a broad resurgence of European initial public offerings.
In an exclusive interview, the co-founder of New Guards Group and owner of the Antonioli boutique in Milan lays out his plans for the revered Belgian brand.
Ann Demeulemeester, one of the original “Antwerp Six” designers who has built a successful business around her gothic, bohemian-inspired collections, is set to depart the fashion label bearing her name.
The Belgian businesswoman has led Ann Demeulemeester, Haider Ackermann and is now spearheading of the revitalisation of Poiret.
The listing drew orders for multiple times the number of shares available and is contributing to a broad resurgence of European initial public offerings.
The line, Orebella, launches on May 2 with a selection of three perfumes.
E-commerce is seen by the company as its next big potential revenue source as well as a way to keep users spending time and money on its app.
The preliminary injunction hearing on the US Federal Trade Commission’s bid to block Tapestry’s attempted takeover of rival Capri will likely last a week and a half, the judge said.
The online fast fashion retailer is moving into other categories and has given brands and retailers access to its platform in nine European countries so far, having done so in the United States, Brazil, and Mexico last year.
The union delivered the announcement through a video at a bargaining session today, promising “a week of union actions” in the statement.
The transaction, which includes funding from Blackstone and Goldman Sachs, values the company at $6.4 billion.
The Lithuania-based group said growth had been spurred by entering new markets including Denmark and Finland and an expansion into luxury fashion.