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.
The CVC Capital Partners-backed firm is expected to price its shares at €26 each. The stock is set to start trading on March 21.
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.
Dermatologist-founded skincare brands are often found at luxury retailers with price points to match. But the newest one to hit the market is geared toward the TikTok set.
Gap is set to launch a collection with cult London streetwear label Palace.
Di Felice, creative director of Parisian fashion house Courrèges since 2020, will guest design Jean Paul Gaultier’s next haute couture show.
The peer-to-peer marketplace will now offer the more convenient option of selling pre-owned luxury clothing on sellers’ behalf.