In 2022, the luxury hotel industry ranked first in the list of transactions by category with 98 acquisitions, an increase of 16 compared to the previous year.
As a result of the Chapter 11 bankruptcy protection process, SSB successfully reduced its financed debt from approximately $1.9 billion to around $315 million.
General Atlantic first partnered with ABG in October 2017, and with this transaction, their total investment in ABG has reached nearly $2 billion.
Aston Martin, the British luxury car brand, has signed a partnership agreement with Lucid, the American electric vehicle manufacturer!
SOS sets up vending machines in high-traffic areas to provide consumers with timely access to personal care and health products.
As of the fiscal year ending on March 31, 2023, Creed’s revenue exceeded €250 million.
This IPO comes at the peak of Oddity’s rapid growth period. In addition to acquiring two companies in 2021 and 2023, Oddity also launched the skincare brand Spoiled Child in February 2022.
Antonio De Matteis, CEO of Kiton and newly appointed president of Pitti Immagine, expects the revenue for 2023 to approach 200 million euros, reflecting a growth rate of approximately 23.4%.
Italian luxury yacht manufacturer Ferretti is set to debut on the Milan Pan-European Exchange.
Previously, media outlets such as Reuters and Bloomberg speculated that Moncler Group could be a potential buyer for Golden Goose.