Moncler Group’s Full-Year Revenues Rise 7% to €3.11 Billion, Boosted by Recovery in China Moncler Group has recently made headlines in the business world with its impressive financial performance. The luxury fashion company announced that its full-year revenues have surged by 7 percent, reaching a substantial €3.11 billion ($3.42 billion). This remarkable growth has been […]
Steve Madden to Buy UK Shoe Brand Kurt Geiger for $360 Million
Steve Madden to Acquire UK Shoe Brand Kurt Geiger for $360 Million Steve Madden, the renowned Long Island-based footwear and accessory company, is making headlines with its recent announcement to purchase the esteemed UK shoe brand Kurt Geiger for a staggering $360 million. This strategic move marks a significant milestone for Steve Madden as it […]
Crypto exchange Gemini secures key approval in Europe
Crypto Exchange Gemini Secures Key Approval in Europe Gemini, a leading cryptocurrency exchange, has recently made significant strides in its quest for global expansion by securing a key approval in Europe. This approval marks a pivotal moment for Gemini as it sets its sights on establishing Malta as its European Union hub, joining the ranks […]
How BAPE Kept Its Cool for Decades
How BAPE Kept Its Cool for Decades A Bathing Ape, commonly known as BAPE, has solidified its position as a powerhouse in the fashion industry by staying authentic to its roots while adapting to the ever-changing market demands. What initially began as a cult streetwear label has seamlessly transitioned into a mainstream brand without losing […]
Estée Lauder Companies Will Cut 7,000 Jobs as Sales Drop 6%
Estée Lauder Companies to Cut 7,000 Jobs Amid 6% Sales Decrease Estée Lauder Companies, the renowned US cosmetics giant, has recently announced its decision to slash 7,000 jobs as part of an extensive profit recovery strategy. This move comes in response to a 6% decline in sales, with the company’s second-quarter earnings reaching $4 billion, […]
Puig Posts 14% Rise in Holiday Sales
Puig Posts 14% Rise in Holiday Sales Puig, the Barcelona-based powerhouse known for its luxurious perfume brands such as Rabanne, Carolina Herrera, and Jean Paul Gaultier, has recently reported a significant surge in holiday sales. The company disclosed that its net sales for the final quarter of the year, spanning from October to December 31, […]
Sabyasachi Stages Lavish Mumbai Show Amid Global Expansion
Sabyasachi Stages Lavish Mumbai Show Amid Global Expansion Indian fashion maestro Sabyasachi Mukherjee recently celebrated a significant milestone in his career, commemorating his 25th anniversary in the industry. The renowned designer seized this momentous occasion to stage a lavish show in Mumbai, captivating audiences with his exquisite creations and strategic vision for the future. The […]
Christie’s Names New CEO; Cerutti to Head Pinault Collection
Bonnie Brennan Set to Lead Christie’s as New CEO, Bringing Years of Experience to the Forefront Bonnie Brennan, a seasoned professional with an impressive 13-year tenure at the renowned auction house Christie’s, is poised to step into the role of CEO starting February 1. With a wealth of experience and a proven track record within […]
Shein Aims for London IPO by Mid-Year, Sources Say
Shein Aims for London IPO by Mid-Year, Sources Say Shein, the popular Chinese fast-fashion e-commerce platform, is reportedly setting its sights on launching an initial public offering (IPO) in London by mid-year. This ambitious move comes as the company seeks to expand its global presence and solidify its position in the competitive online retail market. […]