Spain’s Puig Sets IPO Price Guidance at Top of Range
The Barcelona-based firm set the price guidance at €24.50 per share, according to terms seen by Bloomberg News, giving the company an implied market value of €13.9 billion ($14.9 billion).
In today's News Bites, Buro 24/7 has acquired a majority stake in fashion magazine System, while ES magazine has commissioned artists including Wolfgang Tillmans and Ai Weiwei to create covers for its new issue.
In today's News Bites, Buro 24/7 has acquired a majority stake in fashion magazine System, while ES magazine has commissioned artists including Wolfgang Tillmans and Ai Weiwei to create covers for its new issue.
A number of independent fashion magazines are leading a so-called ‘print renaissance’ in an increasingly digital world. How are they making it work?
BoF brings you an exclusive excerpt from a 15,000-word conversation with Cathy Horyn, fashion's single most authoritative critic, courtesy of System magazine.
"System, a new publication run out of London, has a very imposing masthead. Alexia Niedzielski and Elizabeth von Guttman of Ever Manifesto (and, up
BoF editor-in-chief Imran Amed recaps the week in the business of fashion.
After months of silence, Nicolas Ghesquiere has finally spoken out. Today, BoF brings you the global exclusive excerpt of his interview with System magazine where he reveals the circumstances surrounding his abrupt departure from Balenciaga.
After months of silence, Nicolas Ghesquiere has finally spoken out. Today, BoF brings you the global exclusive excerpt of his interview with System magazine where he reveals the circumstances surrounding his abrupt departure from Balenciaga.
"Seated opposite is Elizabeth von Guttman, 36, her partner in their previous publishing ventures, Industrie, the influential magazine for fashion
The former editor of fashion tome Numéro has also launched a number of other titles, such as Paradis and the new bi-annual, System.
The Barcelona-based firm set the price guidance at €24.50 per share, according to terms seen by Bloomberg News, giving the company an implied market value of €13.9 billion ($14.9 billion).
Chairman Reinold Geiger’s investment holding company, L’Occitane Groupe SA, is considering an offer for the Hong-Kong listed firm’s shares he does not already own, at HK$33 to HK$34 per share, the report said, citing people familiar with the matter.
The private equity fund has entered into a definitive deal with the Percassi family, which will retain a “significant stake” in the business.
The company confirmed in January that it planned to restart activities in Venezuela in the first half of 2024 with local partner Grupo Futura.
The move means Shein could be liable for fines of as much as 6 percent of global revenue for violating the law, designed to curtail the spread of illegal content online.
Since the merger announcement, Capri has reported weaker-than-forecast earnings twice, spurring concern about its performance in the coming quarters.
The new scent, Zouzou, is the fashion house’s first new perfume since 2022.
Unilever Plc sales jumped more than expected in the first quarter as Chief Executive Officer Hein Schumacher pushes ahead with his turnaround plan and shoppers come back to premium brands.