This is a highly scrutinized and challenging task. Every founding family takes pride in adhering to long-term strategies and maintaining unique corporate values. However, they also need to balance the vision of business expansion and investment.
“Herno continues to evolve across the board: in addition to the new products introduced with this collection in various categories, it’s the company’s own organization, with the appointment of a new CEO, that is a driver of change.”
Kiton is eyeing a potential IPO but sees it as a long-term project rather than an immediate goal.
The offer for this privatization transaction is €48 per share, with new shareholders holding no more than 5% of the shares. The agreement reached is a long-term agreement, including an 8-year lock-up period, and there is no call or put option agreements.
Edouard Meylan, CEO of Swiss independent watchmaker H. Moser & Cie., sat down for an exclusive interview with Luxe.CO.
In June, Luxe.CO was invited to Florence, Italy, to sit […]