By Bloomberg Published Mar 28, 2024 Art Basel is returning to Hong Kong at its pre-pandemic scale, giving a much-needed jolt to the city’s muted events landscape. Reuters The fair, which opens to the public on Thursday, will have 242 international galleries exhibiting. Among them, 69 galleries are returning after a hiatus, while 23 are … Read more
By Bloomberg Published Mar 24, 2024 Fears of a slowdown among Chinese shoppers have dogged the luxury industry for the better part of a year. Last week the scale of the problem hit home for one of fashion’s biggest but most exposed brands, Gucci. See catwalkGucci – Fall-Winter2024 – 2025 – Womenswear – Italie – … Read more
By Reuters API Published Mar 7, 2024 Italy’s Golden Goose said on Thursday its net revenues had risen 18% at constant exchange rate last year, as the Italian luxury sneaker maker is preparing for an initial public offering on the Milan bourse. Golden Goose – Archivo Net revenues reached 587 million euros last year, helped … Read more
By Bloomberg Published Jan 18, 2024 Birkenstock Holding Plc’s first earnings report as a public company is ripe for volatility as investors gauge whether the negative reaction to its 2023 initial public offering was overdone. BIRKENSTOCK X STÜSSY The Neustadt, Germany-based sandal maker will report results before the US stock market opens Thursday, following a … Read more
Brokerage firm Jefferies maintained a hold rating on HCL Technologies and an underperform rating on Wipro post-Q3 results. Goldman Sachs maintained a buy rating on Polycab India and UBS initiated coverage on SBI Cards with a neutral rating. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Jefferies … Read more
Maker for Tejas fighter aircraft Hindustan Aeronautics (HAL) saw its market capitalisation cross the Rs 2 lakh crore mark for the first time on Friday after the stock rallied 6% in trade today to its fresh 52-week high level. HAL stock hit a new 52-week high of Rs 3,078.8 in today’s trade, backed by heavy … Read more
By Reuters API Published Dec 18, 2023 Luxury fashion group Golden Goose plans is looking to raise about 1 billion euros ($1.1 billion) from an initial public offering (IPO) in Milan, three people close to the matter told Reuters. Reuters The company’s majority owner, buyout group Permira, has enlisted seven banks to underwrite what is … Read more
About six months before Credit Suisse was sold to rival UBS in a weekend rescue, the head of the Swiss central bank wanted to inject 50 billion Swiss francs ($57.6 billion) into the lender and nationalise it, according to three sources with direct knowledge of the matter. Hobbled by a series of scandals and failed … Read more
Translated by Nicola Mira Published Dec 7, 2023 Italian high-end sneakers brand Golden Goose has entered the world of padel, an emerging sport akin to tennis, celebrating its history and community. The Golden Goose-branded Atlante Arena padel pavilion is set to open in the last quarter of 2024 at CityLife, one of Milan’s greenest districts, … Read more
