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M&A: British Luxury Yacht Manufacture SUNSEEKER to be acquired by US Lionheart Capital
The Chinese conglomerate, Wanda Group, in a bid to overcome debt, has reportedly agreed to sell the British yacht builder to the US investment firm in a multi-million dollar deal.
Kering Acquires Creed In A “Natural Extension” of The Group’s Luxury Universe
The all-cash transaction merges Creed’s potential across categories and geographies alongside Kering’s plans for expansion
Putin is Secretly the Richest Man in the World
Forget Zuckerberg, Bezos or Jenner, Vladimir Putin is Secretly the Richest Man in the World
LVMH H1 Results Signal A Cautious Return of Luxury
Overall, the group’s half-year performance saw it achieved a 28 per cent growth amounting to €36.7 billion.
Part of the Cycle: NFTs, Cryptocurrencies Can Still Hang On
While NFTs and Crypto prices have plummeted, this presents an opportunity to consolidate and reach greater heights in the future.
Zegna Goes Public On New York Stock Exchange
The luxury fashion brand is the first Italian fashion company to be listed on the New York Stock Exchange.
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