In a strategic move that could reshape the landscape of luxury watch retailing, Gatemore Capital Management has acquired a significant stake in Watches of Switzerland Group Plc. This investment is accompanied by a strong recommendation for the company to initiate an aggressive share buyback program valued between £25 million ($32 million) and £50 million and […]
The Row’s $1 Billion Deal, Explained
The luxury fashion landscape is witnessing notable shifts with significant investments fueling the growth of exclusive brands. A prime example is the recent financial backing of Mary-Kate and Ashley Olsen’s luxury label, The Row, which has attracted attention with a whopping $1 billion valuation following investments from the families behind Chanel and L’Oréal. This multi-faceted […]