Vendorafa, founded in 1951 in Valenza, Italy, is a subsidiary of Lombardi Srl, which is majority-owned by the watch and jewelry division of the luxury conglomerate LVMH Group.

According to Gismondi 1754’s financial report for 2022, the company demonstrated strong performance with significant growth in revenue, gross profit, and net profit.

Richemont, the luxury goods giant, gears up for dual listing on Johannesburg Stock Exchange while terminating its depositary receipt program in South Africa. Q3 sales surge by 8% to €5.4 billion, but miss analysts’ expectations.

Back in 2008, L’Oreal Group acquired YSL Beauty (Yves Saint Laurent Beauté) for 1.7 billion euros.

Expanding its retail network in new cities with caution and opening one new boutique store per year in a new city to increase its brand influence in China are two top priorities for Hermès in the Chinese market.

Compared to last season, this season’s MODE exhibition saw a whopping 59.04% increase in attendance and a significant rise of 49.8% in the number of buyers.

Suzhou Yanlord Cangjie, set to open in the third quarter of 2023, has partnered with four major brands under the OTB Group – Maison Margiela, JIL SANDER, MARNI, and DIESEL – to establish pop-up experiential stores.

The acquisition will encompass three multi-brand concept stores and one single-brand boutique under the Parisi Taormina umbrella.

According to IDB, the upcoming IPO is expected to be a major catalyst for the company, enabling it to attract top talent and senior management.

SafeSize, founded in 2013, is a company dedicated to helping people find the perfect pair of shoes.