[ad_1] By Bloomberg Published Feb 12, 2024 Driving-shoe maker Tod’s SpA always looked like a private company, what with the Italian Della Valle family having a majority. Now it soon might be. The founding family is teaming up with L Catterton, the private equity firm backed by LVMH, to buy out the remaining shares, valuing the company at […]
Read More[ad_1] By Reuters API Published Jan 26, 2024 Sales at Italian luxury goods group Salvatore Ferragamo dropped by 8.1% at constant currencies last year, prompting Chief Executive Marco Gobbetti to warn that hitting turnaround goals could take longer than anticipated. See catwalkFerragamo – Spring-Summer2024 – Womenswear – Italie – Milan – © Launchmetrics Revenues reached […]
Read More[ad_1] New York-based Inter Parfums announced on Tuesday record-breaking annual sales in 2023, surpassing its prior guidance of $1.3 billion for the twelve months. Coach For the fourth quarter ending December 31, net sales at the fragrance giant rose 6% to $329 million, while sales surged 21% for the year $1.32 billion, compared to the […]
Read More[ad_1] Translated by Nicola Mira Published Jan 23, 2024 Salvatore Ferragamo has appointed a new group CFO, Pierre La Tour. He is a highly experienced executive with an international career in the financial sector, but has never worked in the luxury industry before. Ferragamo said he will assume his new role on March 18. La […]
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