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KERING CEO SUCCESSION
Saks Global files for bankruptcy due to heavy debt load months after Neiman Marcus takeover; Here’s how the luxury retail group can revive itself as time runs outUS luxury retail group Saks Global filed for bankruptcy protection on Tuesday (January 13, 2026), burdened by substantial debt from the pan...- China's Anta Sports and Li Ning exploring bid for Puma, source saysChinese sportswear giants Anta Sports and Li Ning are reportedly looking at buying German brand Puma. Puma's market value has dropped signi...
- A luxury experience in China: Global high-end brands bet on conceptual stores to revive salesLouis Vuitton has opened a ship-shaped store in Shanghai. It aims to boost sales amid a luxury spending slowdown in China. Brands are focus...
- Renault boss De Meo quits; report says he will head Gucci-owner KeringLuca de Meo, the Renault CEO, is departing. He might head to Kering, the owner of Gucci. De Meo successfully turned around Renault. He over...
- Prada wears Versace: Rumblings in the sliding luxury industryThe global luxury industry is experiencing a downturn, with Prada considering acquiring Versace to strengthen its market presence. Versace ...
- Gucci's new designer Sabato De Sarno unveils minimalist glamour in debut collection at MilanGucci's new designer, Sabato De Sarno, showcased a minimalist collection in his highly anticipated debut fashion show. The collection featu...
- Gucci heirs appeal to Ridley Scott to respect family's legacy in upcoming flick starring Lady Gaga'The House of Gucci' is based on a book about the 1995 murder of Gucci's grandchild, Maurizio.
- Louis Vuitton’s next generation steps up to Kanye's latest tune; is breaking away from brand's modus operandiAs Bernard Arnault's children expand their influence, LVMH is reshaping the brands it already owns.
- Amazon is a big winner this earnings cycle. But not the only oneAmazon trampled forecasts and its shares surged 13 per cent Friday to close at a record $1,100.95.
- Plan B: 14 top leaders come together to incorporate CSR into businessPlan A — the current way of doing business — is “broken” and that it’s “no longer acceptable”. “Where we think we will be different,” says ...
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