Billionaire H&M Founding Family Speeds Up Share Purchases The Persson family, known for its founding roots in the global fashion retailer H&M, has been making waves in the financial world with their recent acceleration in share purchases. As of the end of May, the Persson family and its related companies collectively held over 60 percent […]
Gemini wins EU approval for crypto derivatives
Gemini Wins EU Approval for Crypto Derivatives Gemini, the renowned cryptocurrency exchange founded by the Winklevoss twins, has recently achieved a significant regulatory feat in the European Union. The platform has secured approval to launch a new array of financial products, including perpetual futures and other derivatives tailored for advanced traders across Europe. This milestone […]
Shiseido Stock Plummets After Growth Plan Underwhelms
In the competitive world of cosmetics, companies must stay ahead of market trends and consumer preferences. Unfortunately for Shiseido Co., the Japanese beauty giant, recent developments have led to a significant decline in its stock price, reaching an eight-year low. This situation arises from a growth strategy that is failing to convince investors, particularly in […]
Prada Group Defies Downturn As Miu Miu Surges 105%
In an impressive display of resilience amid a sluggish luxury market, Prada Group has reported a remarkable 18% surge in net revenues for the nine-month period ending this year. This growth is predominantly attributed to the astonishing success of its subsidiary brand, Miu Miu, which has achieved a staggering 105% increase in quarterly retail sales […]