Valentino Names Riccardo Bellini CEO With Kering Deal At Stake Valentino, the renowned luxury fashion house, has recently appointed Riccardo Bellini as its Chief Executive Officer. This strategic move comes at a crucial time for the brand, as its parent company Mayhoola aims to revitalize its operations amidst a potential deal with the luxury conglomerate […]
Amer Sports Falls as Premium Outerwear Brand Arc’teryx Slows
Amer Sports Falls as Premium Outerwear Brand Arc’teryx Slows Amer Sports, the Finnish sporting goods conglomerate, recently faced a setback as its premium outerwear brand Arc’teryx experienced a slowdown in sales. Despite this challenge, Amer Sports remains optimistic about the future and has even raised its full-year outlook for the second time this year. Arc’teryx, […]
Rolls-Royce boss says nuclear-powered AI could make it UK’s top company: Report
Rolls-Royce Aims to Lead as UK’s Top Company with Nuclear-Powered AI British luxury automaker Rolls-Royce has set its sights on becoming the UK’s most valuable company. The company’s CEO, Warren East, believes that a strategic shift towards nuclear-powered artificial intelligence could pave the way for Rolls-Royce to achieve this ambitious goal. By leveraging cutting-edge technologies, […]
Qatar-backed Mayhoola denies report it is considering Valentino sale with Kering
Mayhoola Denies Reports of Valentino Sale to Kering: What’s Next for the Fashion House? Mayhoola, the Qatar-backed investment fund, has recently found itself at the center of speculation regarding a potential sale of Valentino to Kering. However, the fund has swiftly moved to deny these reports, leaving many in the fashion industry wondering about the […]
Salomon and Arc’teryx-Owner Amer Sports Reports Growing Sales and Profits
Salomon and Arc’teryx-Owner Amer Sports Reports Growing Sales and Profits Amer Sports, the parent company of popular outdoor brands Salomon and Arc’teryx, has recently announced a significant uptick in both sales and profits. The group attributed this success to the continued strength of its flagship brand, Arc’teryx, as well as robust performances across its product […]
Anthropic debuts AI tools for US national security
Anthropic Revolutionizes US National Security with AI Tools In the ever-changing landscape of national security, staying ahead of potential threats is paramount. Anthropic, a leading AI company, has made a strategic move that could shape the future of US national security. Claude Gov, the visionary behind Anthropic, has set the stage for a groundbreaking development […]
Risky Business: Should Prada Buy Versace?
Risky Business: Should Prada Buy Versace? In the ever-competitive world of high fashion, strategic acquisitions can make or break a company’s trajectory. The latest buzz in the industry is swirling around the potential acquisition of Versace by Prada Group. While the move could undoubtedly shake up the fashion landscape, the question remains: is it a […]
Former Fendi Chief to Lead Jil Sander
Former Fendi Chief Executive Serge Brunschwig Takes the Helm at Jil Sander The fashion industry is no stranger to high-profile executive shuffles, and the latest move sees former Fendi chief executive Serge Brunschwig stepping into the role of CEO at Jil Sander. This announcement also comes with the additional title of chief strategy officer at […]