Richemont’s Sales Soar 10%: A Promising Sign for the Luxury Goods Market In the realm of luxury goods, few names hold as much weight as Richemont. The Swiss conglomerate, known for its prestigious brands such as Cartier, Montblanc, and Piaget, has long been a barometer for the health of the high-end market. So when news […]
E-commerce in Europe: A Resilient Comeback Amid Intense Competition from Temu
As the winds of economic recovery blow across Europe, online shopping is showing promising signs of revitalization. According to a report from Ecommerce Europe, e-commerce turnover is projected to hit €958 billion this year, representing an 8% increase from 2023. This surge comes even as inflation has continued to challenge consumer spending power. The revival […]
Italian Defence Firm Leonardo Targets Cybersecurity Deals
In an era where digital threats loom larger than ever, Italian defense firm Leonardo stands poised to expand its foothold in the cybersecurity sector. CEO Roberto Cingolani revealed plans to pursue acquisitions of up to a dozen companies both within Italy and internationally. This strategic move aligns with Leonardo’s ambitious objective of achieving double-digit growth […]