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LVMH Increases Stake in Tod s to 10 Percent | News & Analysis

LVMH Increases Stake in Tod s to 10 Percent | News & Analysis
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LVMH raises stake in Italy s Tod s to 10%

By Reuters Staff 3 Min Read MILAN (Reuters) -French luxury goods group LVMH will increase its stake in fashion company Tod’s to 10%, Tod’s said on Thursday, in a move which sources described as “friendly support” for the Italian struggling leather goods maker. Slideshow ( 2 images ) Tod’s said in a statement that LVMH would buy a 6.8% stake from Tod’s founder and Chairman Diego Della Valle. LVMH, led by French billionaire Bernard Arnault, already owned a 3.2% stake in Tod’s. “Through this transaction, the twenty-year friendship between the Arnault and Della Valle families is reinforced”, Tod’s said in its statement.

Claudia cristoferiBernard arnaultDiego della valleFlavio ceredaKanishka singhSilvia aloisiChiara ferragniLeslie adlerThomson reuters trust principlesChairman diego dellaDella valleThomson reuters trustபெர்னார்ட் அர்னால்ட்டியாகோ டெல்லா பள்ளத்தாக்குகணிஷிக் சிங்தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ப்ரிந்ஸிபல்ஸ்

Uyghur scandal chequers Burberry s relationship with China

Uyghur scandal chequers Burberry’s relationship with China The British fashion house admits in its annual report that its reliance on the region makes it very vulnerable 10 April 2021 • 3:00pm Marco Gobbetti knew he had to bet big on China to have a decent shot at reviving Burberry’s fortunes. Before the pandemic, a clear strategy had been set by the chief executive of the British fashion house to “build brand heat” in mainland China, the only market of true importance for luxury players. “Even five to six years ago China was part of its growth strategy,” says a former senior Burberry executive.

United kingdomXinjiang muslimMarco gobbettiZhou dongyuFlavio ceredaAllyson stewart allenBetter cotton initiativeTextile exchangeஒன்றுபட்டது கிஂக்டம்ஐயிஂஜையாஂக் முஸ்லீம்அல்லிசன் ஸ்டீவர்ட் ஆலன்சிறந்தது பருத்தி முயற்சிஜவுளி பரிமாற்றம்

With heavy heart , fashion designer Paul Andrew leaves luxury brand Ferragamo

With heavy heart , fashion designer Paul Andrew leaves luxury brand Ferragamo Toggle share menu Advertisement With heavy heart , fashion designer Paul Andrew leaves luxury brand Ferragamo Andrew wrote in an Instagram post that he had decided it was time for a new challenge . FILE PHOTO: Designer Paul Andrew appears at the end of the Salvatore Ferragamo Autumn/Winter 2020 collection show during Milan Fashion Week in Milan, Italy, February 22, 2020. REUTERS/Alessandro Garofalo 08 Apr 2021 11:00PM (Updated: 09 Apr 2021 07:55AM) Share this content Bookmark British designer Paul Andrew said on Thursday (Apr 8) he would leave Italian luxury brand Salvatore Ferragamo in May, a high-profile departure that comes at a time when the group is seeking to recover from the fallout of the COVID-19 pandemic.

New yorkUnited statesUnited kingdomAudrey hepburnPaul andrewMicaela le divelecSalvatore ferragamoFlavio ceredaChief executive micaelaபுதியது யார்க்ஒன்றுபட்டது மாநிலங்களில்ஒன்றுபட்டது கிஂக்டம்ஆட்ரி ஹெப்பர்ன்பால் ஆண்ட்ரூசால்வடோர் ஃபெராகாமோதலைமை நிர்வாகி மைக்கேலா

With heavy heart , fashion designer Paul Andrew leaves Ferragamo

3 Min Read FILE PHOTO: Designer Paul Andrew appears at the end of the Salvatore Ferragamo Autumn/Winter 2020 collection show during Milan Fashion Week in Milan, Italy, February 22, 2020. REUTERS/Alessandro Garofalo MILAN (Reuters) - British designer Paul Andrew said on Thursday he would leave Italian luxury brand Salvatore Ferragamo in May, a high-profile departure that comes at a time when the group is seeking to recover from the fallout of the COVID-19 pandemic. “After five years, with pride and a heavy heart, I have decided it’s time for a new challenge,” Andrew said in a post on Instagram, following months of speculation about his possible departure from the brand, famous for shoes worn by Hollywood stars such as Audrey Hepburn.

New yorkUnited statesUnited kingdomAudrey hepburnPaul andrewClaudia cristoferiMicaela le divelecSalvatore ferragamoFlavio ceredaThomson reuters trust principlesChief executive micaelaThomson reuters trustபுதியது யார்க்ஒன்றுபட்டது மாநிலங்களில்ஒன்றுபட்டது கிஂக்டம்ஆட்ரி ஹெப்பர்ன்