Paglieri Group will embark on a new journey in 2023 with an expected turnover of 200 million euros.
As of 2022, the total number of employees of the group reached 2,200, of which 70 are recruited in 2022.
After the acquisition, Victoria’s Secret will leverage Adore Me’s expertise and technology to continue to improve the Victoria’s Secret and PINK customer shopping experience and accelerate the modernization of VS&Co’s digital platform.
The acquisition made David Jones “back in Australian ownership”.
Recently, due to the high probability of default, Fitch placed Pronovias on its list of market risks and concerns, making it the one with highest risk among all Spanish companies on the list. However, Pronovias is still the world’s leading bridalwear brand.
Bucherer CEO Guido Zumbühl stated: “This acquisition fits into our strategy to strengthen our presence in Denmark further, and to follow up on our market entry in 2016 with our first boutique at the Illum department store.”
De Rigo provides licensed production and distribution services for luxury and fashion brands like Givenchy and Chopard.
Under the terms of the transaction, Seven & i will transfer its outstanding Sogo & Seibu shares to a special purpose company owned by Fortress. The transaction is expected to close in the first quarter of 2023.
