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).
From Sophia Kokosalaki and Oscar de la Renta to Net-a-Porter and Browns, a wide range of ready-to-wear designers and luxury fashion retailers are capitalising on the rise and rise of designer bridalwear.
LONDON, United Kingdom — London Fashion Week, which concluded on Tuesday evening, has become known for its directional designers and digital prints.
Restructuring Luxury at Versace (NY Times) "I am a survivor," the designer Donatella Versace said matter-of-factly during a recent blitz of New York,
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'We invented business casual' (Globe and Mail) "Still serious about suits, Brooks Brothers owner says storied firm is well-positioned to succeed in
High fashion and Hollywood glamour as Mango open stores around the world (Times) After a successful launch in Iran, Mango looks to move further into
H&M launches Matthew Williamson collection (Drapers) "Hundreds of frenzied shoppers descended on H&M's Oxford Circus store in London like locust this
LONDON, United Kingdom - Yesterday evening's British Fashion Awards ceremony was a wonderful occasion to celebrate the best in British Fashion
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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.