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.
The acquisition agreement is contingent on a debt relief package of $690 million.
The skeleton of the ARC’TERYX is gradually gathered and shaped, pointing to a “road of evolution”.
Wealthy consumers are still flocking to buy Lululemon’s tops, yoga pants, and shorts, boosting both online and brick-and-mortar store traffic.
This villa is reportedly priced at around $7,300 per night, making it one of the most unique and exclusive accommodation options in Bali.
As travel restrictions to China are gradually lifted, fashion and luxury industry giants are flocking to the Chinese market for research.
On’s investor and tennis superstar Federer stated, “Iga and Ben represent the next generation of world-class talent. Both players demonstrate On’s competitive spirit and embody current and future champions of the sport.”
Kiton is eyeing a potential IPO but sees it as a long-term project rather than an immediate goal.
Swiss watches saw a significant surge in exports to major markets in February, with a whopping 6.1% YoY increase in exports to Europe as a whole.