Puig Announces New CEO
Jose Manuel Albesa will succeed Marc Puig, becoming the first non-family member to lead the Spanish conglomerate in more than 20 years.
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Latest News & Analysis
News & Analysis
European Stocks Climb as LVMH, Kering Report Faster Sales Growth
LONDON, United Kingdom — European stocks rose, heading for their longest stretch of weekly gains this year, as companies from LVMH Moet Hennessy
European Stocks Climb as LVMH, Kering Report Faster Sales Growth
LONDON, United Kingdom — European stocks rose, heading for their longest stretch of weekly gains this year, as companies from LVMH Moet Hennessy
News & Analysis
Dior's Global Vision
"The models were laughing, the flowers were blooming and although Kanye West 's aggressive rap music with its mean lyrics was still pulsating, all
Dior's Global Vision
"The models were laughing, the flowers were blooming and although Kanye West 's aggressive rap music with its mean lyrics was still pulsating, all
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The News in Brief
Spandex Maker Lycra Files for Bankruptcy After Years of Stress
The company has been hampered with disruptions to supply chains, elevated inflation, growing competition from low-cost manufacturers and trade tariffs.
US SEC Preparing to Eliminate Quarterly Reporting Requirement, WSJ Says
The proposal would give companies the option to share results twice a year.
Kering Unveils New Jewellery Unit, Merges Fashion Brand Reporting
Kering’s newly created jewellery division regroups Boucheron, Pomellato, Dodo and Qeelin brands as the company aims to pool resources. The conglomerate is also regrouping fashion brand reporting, shielding smaller labels from investor scrutiny.
Bondholders Approve Saks Global’s Five-Year Business Plan
Saks is moving towards exiting bankruptcy and tapped an additional $300 million of its Chapter 11 financing package.
Luxury Stocks Face Most Bearish Sentiment in Years, UBS Says
War in the Middle East, the luxury industry’s fastest-growing market, threatens to delay a long-expected rebound in demand.
Trump Signs Order to Combat Fraudulent ‘Made in America’ Labels, White House Says
The executive order directs the FTC chairman to prioritise enforcement of existing laws against sellers and manufacturers who falsely claim products are made in America.
Lanvin Deputy CEO Siddhartha Shukla Exits Brand
Owner Lanvin Group said it is ‘fully committed’ to the French label’s development under creative director Peter Copping, with CEO Andy Lew in charge of management.