Minor Stake Acquisition by Bernard Arnault in Richemont: Analysis
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Minor Stake Acquisition by Bernard Arnault in Richemont: Analysis
Bernard Arnault, CEO of the 酩悦·轩尼诗-路易·威登集团 group, has acquired a small personal stake in Compagnie Financiere Richemont SA . The concerned parties have not specified or confirmed this personal investment, but it is worth considering.
L’Occitane Achieves 24% Growth as a Result of Key Acquisitions
Positive results for L’OCCITANE Group : the French cosmetics group recorded a revenue of 2.5 billion euros for its 2023/2024 fiscal year, a 24% increase compared to the previous year.
With “Palace Voyages”, jeweler Boghossian unveils its ambitions
This summer, the House of Fine Jewelry BOGHOSSIAN presents its new "Palace Voyages" collection, inspired by the most beautiful palaces in the world. Its aristocratic clientele is asking for more.
Soaring luxury prices discourages consumers
The latest half-yearly report from 贝恩公司 and Altagamma (the Italian business association for the sector), published on 18 June, confirms that 2024 will be a less dynamic year for the luxury goods market, with growth revised downwards.
Golden Goose abandons its IPO
The Italian company specializing in luxury sneakers, Golden Goose , was planning an IPO (on the Milan stock exchange) on June 21. However, it has decided to cancel its plans and adopt a cautious approach. The reason: political turmoil in Europe.
Dior, Armani, Alviero Martini: the pitfalls of subcontracting
The Milan District Court has now investigated Manufactures Dior srl, the Italian production arm of French luxury goods giant Christian Dior ( 酩悦·轩尼诗-路易·威登集团 ), following on from ALVIERO MARTINI S.p.A and Giorgio Armani Operations S.p.A. It should be noted that neither Christian Dior SE nor its parent company are under investigation.
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