Translated by Nicola Mira Published November 27, 2024 Following the October 25 announcement of the Permira funds’ strategic investment in K-Way, BasicNet SpA and Permira have indicated that Luca Lo …
By Bloomberg Published October 22, 2024 EssilorLuxottica SA, the French-Italian group that dominates the global eyewear market, reached the final target its founder Leonardo Del Vecchio set before he passed …
EssilorLuxottica, the world’s largest eyewear company, has purchased a 5.1% stake in Nikon and is treating it as a “long-term financial investment to support the company and its management.” While …
Translated by Roberta HERRERA Published Jul 25, 2024 Marcolin has announced the appointment of Andrea Vincenzo Virgilio as its new operations director. Virgilio, who recently held a position at Benetton, …
By Reuters Published May 28, 2024 Italy’s Benetton family is readying plans to address mounting losses at its eponymous clothing retailer, including parting ways with CEO Massimo Renon after four …
Despite a profit warning in January following softer than expected sales in December, UK-based eyewear producer/distributor Inspecs was in an upbeat mood Wednesday delivering final results covering 2023 that saw …
Translated by Roberta HERRERA Published Jan 25, 2024 EssilorLuxottica, the world’s largest eyewear manufacturer, is strengthening its presence in Mexico with the opening of two production plants in the northwest …
Translated by Nicola Mira Published Dec 15, 2023 A new executive will soon take charge of industrial operations at Gucci. The Kering group’s leading label has appointed Massimo Vian, formerly …
By AFP Translated by Roberta HERRERA Published Oct 31, 2023 The Italian luxury goods group Prada witnessed a 12% increase in revenues during the first nine months of the year, …