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PRADA GROUP ANNOUNCEMENTS
Partly Cloudy: The business and belief behind the colour of the yearCloud Dancer, the Pantone Colour of the Year (COTY), has been a controversial choice. Kanika Saxena and Apoorva Mittal take a look at the p...
Prada completes Versace takeover after long courtshipLorenzo Bertelli, the son of Prada owners Miuccia Prada and Patrizio Bertelli, told Reuters in November that he will become executive chair...
The biggest luxury deals in recent yearsLuxury giant Kering is selling its fragrance brand Creed to L'Oreal for 4 billion euros, marking a strategic shift. This follows Kering's 2...
A 200-foot yacht, basketball team and luxury hotels: Who will inherit Giorgio Armani's jaw-dropping fortune?The Italian fashion designer and billionaire brand owner Giorgio Armani has died at the age of 91. According to Forbes, he had a net worth ...
Flats steal the spotlight: Cannes Red Carpet experiences a stylish revolution underfootThe Cannes Film Festival saw a shift this year. Flat shoes replaced high heels on the red carpet. This follows a controversy in 2015. Women...
Prada buys rival Versace for $1.38 billion to create Italian fashion powerhousePrada has agreed to acquire Versace from U.S.-based Capri Holdings for €1.25 billion ($1.39 billion). The deal will create a luxury group w...
Who is Dario Vitale? All about Donatella Versace’s successor at the Italian fashion brandDario Vitale has been named Versace's new Creative Director, signifying a major change as Donatella Versace moves to Chief Brand Ambassador...
Gucci’s China shock reverberates across the luxury landscapeFears of a slowdown in luxury spending among Chinese consumers have been growing for some time, and recent events have underscored this con...
Hong Kong-listed Samsonite plans dual listing in hunt for investorsSamsonite joins global names such beauty-shop chain L'Occitane and fashion house Prada in searching for options beyond Hong Kong, where val...
The world's biggest jeweller now only sources recycled metalsBy working with metals that have already been mined, Pandora won't be digging deeper in search of new materials, allowing the company to su...
Future of tech: AI replicates human voices, dubbing artistes aren't happyVoice actors from around the world are protesting against the unregulated use of artificial intelligence (AI) to replicate human voices. Th...
Bangalore-based Hi Fabrique Group acquires Tessitura Monti India Private LimitedHi Fabrique Group, a luxury cotton fabric manufacturer, today announced the acquisition of Tessitura Monti India Private Limited (TMIPL), a...
After turning down $17 mn in promotion offers, Amanda Gorman inks one of the most multidimensional representation deals in beauty history with Estée LauderGorman will become the first Estée Lauder 'Global Changemaker'.
No more fake copies: Luxury brands to use blockchain that will allow consumers to verify productsA blockchain is in essence a ledger that is shared publicly.
Underwear and pajamas: Attacks turn too personal in poll seasonAlong with Azam Khan, UP CM Yogi Adityanath, Maneka Gandhi and Mayawati also faced the EC ban announced on Monday, but no apology has come ...
Luxury brands Gucci, Zegna shutting shop as Chinese buyers turn thriftyIn mainland China, tenants have the most bargaining power in new malls, particularly in second-tier cities, hit by a slump in demand and pl...
- Corporate houses may soon get to open universities
Corporate houses would soon be able to set up universities in Maharashtra . The state government is likely to issue an ordinance after the ...