Business of Luxury
Kering continues to demonstrate a glowing sign of the ever-growing relationship between tech and luxury.
The group’s profit-making brand, Gucci, misses target due to Covid-19 lockdowns in China.
Here are some top tips if you’re looking to break into the niche market of luxury foods.
The group revealed that all its business groups achieved double-digit growth amidst global uncertainties.
The fashion firm has been valued at US$1.5 billion, and expects to raise up to $544 million in the upcoming deal.
If a deal were to be brokered, this M&A would be one of the largest in the apparel industry.