Previously, media outlets such as Reuters and Bloomberg speculated that Moncler Group could be a potential buyer for Golden Goose.

This investment also marks BVG’s first foray into the fashion industry since the launch of its fashion and apparel vertical business last year in collaboration with industry veteran Gary Wassner.

Reda is known for producing entirely “Made in Italy” and sustainable Merino wool fabrics.

French skincare group L’Occitane recently achieved a significant milestone by surpassing €2 billion in sales in the latest fiscal year, with China as its second-largest market.

On June 26, 2023, Luxe.CO Tong released a total of 67 news articles involving 11 brands, 13 commercial centers, and 18 cities.

Saifu achieved sales of approximately 71 million euros in 2022.

Antony Morato’s CEO, Lello Caldarelli, stated, “Our target is to reach €85 million with a growth rate of 15%.”

What Were the Key Changes in the Past Five Years?

Overseas markets and e-commerce channels are the two major growth drivers for Santoni.

Advent will acquire a majority stake in SBGC company from Julien Sprecher, while Sprecher will retain his current position and a minority stake in the company.