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).
They have swag, sex appeal and their infectious music videos secure billions of views. No wonder brands as diverse as Chanel, Guess and Dolce & Gabbana are waking up to the influence of these Latin music megastars.
Latin America boasts a colourful deck of beloved, local magazines that continue to persuade loyal readers to buy fashion and luxury, despite turbulent times for print media.
At least 30 percent of Latin American billionaires can thank the fashion business for part of their fortunes. But how did these fascinating characters get to the top?
Editor-in-chief Stefano Tonchi tells BoF about a new chapter at W as Grand signs on as contributing fashion creative director, following the departure of Edward Enninful to British Vogue.
The fashion market in Latin America is bigger than the Middle East and growing as fast as Asia. But will industry leaders continue to invest as much as the region needs to realise its full potential?
Wall or no wall, Mexico’s luxury market is thriving with a little unexpected help from the country’s arch nemesis: the President of the United States. But there's still cause for concern.
A wave of new models from the Dominican Republic are scoring major campaigns and runway gigs at fashion week. But what — or who — is really behind their unstoppable ascent?
Alexandra Shulman's departure from British Vogue comes after new appointments at several international editions of the magazine, presenting a unique opportunity for Condé Nast to reboot the brand for today’s media reality.
Latin American designers and smaller Latin American fashion weeks have the opportunity to grow in 2017, says the editor-in-chief of Vogue Mexico and Vogue Latin America.
Pajama dressing has become an unlikely but enduring high fashion trend with several years now under its belt and little sign of slowing down. BoF reports.
The experienced editor is bringing a more nuanced approach to Condé Nast’s coverage of the Latin American market.
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.