Unilever announced its results for the first half of 2021, which showed a strong performance, with underlying sales growth of 5.4 percent driven by its continued focus on operational excellence.…
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Salvatore Ferragamo announces financial results
The Salvatore Ferragamo Group released the Group’s Preliminary Consolidated Revenues for the first semester 2021, which amount to US$617 million excluding the Fragrance business, up 44.1 percent at cu…
LVMH to acquire majority stake in Off-White
Virgil Abloh and LVMH announced a definitive agreement whereby LVMH will acquire a majority stake in Off-White LLC, the trademark owner of Off-White™️.…
L Catterton acquires majority stake in Etro
Etro, the global luxury fashion house, announced that it has entered into a binding agreement to partner with L Catterton, the global consumer-focused private equity firm.…
Safilo signs licensing agreement with Carolina Herrera
Safilo and Carolina Herrera announced their 5-year global licensing agreement for the design, manufacture and distribution of Carolina Herrera branded eyewear.…
Richemont announces financial results
Swiss luxury goods group Richemont reported a strong trading in the first quarter ended 30th June 2021 with Group sales up by 121% at actual constant exchange rates compared to prior year. …
Nordstrom acquires minority stake in ASOS brands
Nordstrom and ASOS announced that Nordstrom has acquired a minority interest in the Topshop, Topman, Miss Selfridge and HIIT brands.…
Dingdong Macai raises US$95.7 million in IPO
Chinese online grocery platform Dingdong Macai successfully raised US$95.7 million in its initial public offering, making its debut on the New York Stock Exchange.…
Casetify inks investment from Adrian Cheng’s C Ventures
Phone accessory company Casetify has inked its first-ever external investment, attracting an undisclosed “eight-figure” US dollar amount from C Ventures.…
Salvatore Ferragamo and Inter Parfums sign fragrance agreement
Salvatore Ferragamo S.p.A. and Inter Parfums, Inc. have signed a transaction agreement whereby an exclusive and worldwide license will be granted for the production and distribution of Ferragamo brand…
