The CVC Capital Partners-backed firm priced its shares at €26 each. The stock is set to start trading on March 21.
The Nigerian designer behind Orange Culture is at the vanguard of a movement challenging gendered fashion and blending traditional aesthetics with universal streetwear silhouettes.
Congressman Robert Garcia sent a letter Friday to Loro Piana Chairman Antoine Arnault and chief executive Damien Bertrand demanding the company provide written answers to Congress by the end of April.
The news comes six weeks after No Ordinary Designer Label, which trades under Ted Baker’s brand, terminated its partnership with Dutch firm AARC on Jan. 29.
The LVMH-owned beauty retailer will cease all local operations in Korea beginning May 6.
Nordstrom has asked investment banks Morgan Stanley and Centerview Partners to reach out to private equity firms and gauge their interest for a potential deal.
Tencent Holdings Ltd.’s earnings report due Wednesday may provide positive catalysts for its shares, which have plummeted about 60 percent from their record high three years ago.
Under the leadership of John Elkann, Exor has been diversifying beyond its roots in the auto industry to investments in health care, tech, financial services and luxury.
Exports dropped 3.8 percent by value in February to 2.15 billion Swiss francs ($2.4 billion) from a year earlier, the Federation of the Swiss Watch Industry said Tuesday.