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.

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.

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.