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LVMH ARMANI STAKE
Armani could split 15% stake among L'Oreal, LVMH, EssilorLuxottica, report saysGiorgio Armani's fashion house is reportedly planning to sell its 15% stake in three equal parts, following the designer's death. French lu...
L'Oreal eyeing stake in Armani after acquiring Kering's beauty armFrench cosmetics giant L'Oreal is eyeing a stake in Italian luxury brand Armani. This interest follows the late founder Giorgio Armani's wi...
Giorgio Armani appoints veteran Giuseppe Marsocci as CEOMarsocci, who has been at the company for 23 years, most recently as Global Chief Commercial Officer for the last six years, steps into the...
In surprise twist, Armani's will sets stage for sale of fashion empireGiorgio Armani's will has set in motion a plan to gradually sell his fashion house, potentially involving luxury giants like LVMH and L'Ore...
Armani Fashions minority stake sale to rivals in willArmani gave control of 40% of his business empire to his longtime collaborator and head of menswear Leo Dell'Orco, and another 15% each to ...
Giorgio Armani’s stunning last will revealed – who gets his billion-dollar empire?Giorgio Armani last will: Giorgio Armani's will, revealed after his death at 91, directs his heirs to gradually sell the fashion house he b...
High stakes for high fashion: Brands bet on luxury revival on the catwalkLuxury brands like Chanel, Dior, and Gucci are introducing new designers amidst a challenging economic climate. The high-end industry is st...
With losses from JVs widening, is it time for Reliance Brands to cut the flab?Over the past 4 years, across its subsidiary and JV businesses, RBL has seen just about flat revenue growth.
How Indian perfume makers are stepping up to compete with global fragrance giantsIndia has been a land of olfactory indulgence — this is where ittar, incense and aromatherapy have existed for thousands of years, and pers...
L Catterton tears ties with Genesis Luxury, sells 40% stake to rival Reliance BrandsThe unprecedented move, which left Genesis founders and investors stunned, is poised to change the dynamics of the business.
Fashion biggies who haven't named a successor yetAt its core, the business of fashion is an endless quest for something new. Problem is, some of the biggest names are getting rather old.
Myntra weighing competing offers to raise over Rs 300 croreThe board of directors at online fashion retail portal Myntra is considering offers from two competing groups of investors eager to back th...
Sahara in talks to buy stake in Genesis LuxurySahara stepped into the fray after Genesis sought an exit for financial investor L Capital, which owns a 42% stake in the company.
LVMH-owned Sephora may dump Genesis Colors, in talks with DLF Brands for new franchise partner in IndiaThe spat between LVMH-owned private firm L Capital Asia and Genesis Colors may lead to Sephora finding itself a new franchise partner in In...
L Capital Asia keen to exit Genesis LuxuryL Capital Asia wants to exit the company and has asked its founder to either buy out its 40% stake or sell the luxury brands marketing firm.
Luxury brands like Hermes, Burberry and Louis Vuitton diversify product offeringA growing set of rich Indians is now setting the agenda for luxury companies, forcing many of them who sell 'soft' luxury to diversify into...
- Indian designer brands: To become globally scalable, focus should be on bottom lines & not just hemlines
To play the bigger game, Indian designers should start concentrating on bottom lines and not just hemlines.