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Indebted IT services group is trying to agree a restructuring this month
Also in this newsletter: the cost of upgrading EU industry for the green transition
Shares in New York-listed platform have climbed this year even as rivals such as Matchesfashion and Farfetch collapsed
Accusations faced by businessman concern companies owned by him personally and not the group itself
Billionaire Reinold Geiger’s deal would result in the company delisting from the Hong Kong stock exchange
Spanish beauty group will list at the end of this week
Quarterly sales at the two groups and market leader LVMH show the winning brands are those targeting the very wealthy
Campaign groups raise concerns that schemes will fund damaging solutions after complaints over plant involving Danone
Maker of Birkin bags beats expectations with strong demand for leather goods and jewellery as it defies luxury slump
Hundreds of suppliers to luxury ecommerce group likely to receive ‘less than a penny in the pound’
French luxury group says its performance ‘worsened considerably’ in first quarter amid Gucci reset
A glut of apartments available in the French capital this summer is pushing down prices
Company’s products sold abroad last year totalled €23.5bn, underscoring importance of country’s luxury sector
First-quarter revenues grew 2% at flagship fashion and leather goods unit, against an 18% jump a year ago
French billionaire lays groundwork for generational change at world’s biggest luxury group
French government to receive golden shares to protect sensitive assets linked to military
Appointment hints at succession planning inside billionaire family behind French luxury group Kering
Purchase of Via Monte Napoleone 8 from Blackstone comes as luxury groups compete for desirable locations
Private equity firms Bain Capital and Permira also interested in lossmaking ecommerce business owned by Richemont
The pandemic created a boom in retailers selling designer brands. But Matches is now in administration and Farfetch was sold to avoid insolvency
Announcement comes a week after his predecessor said he would leave Italian couture house
Al-Shifa operation against Palestinian militants is one of the largest battles since the war began
As the Kering flagship struggles, one man has become the public face of making it work
Antonio Belloni has worked at French luxury tycoon’s side for 23 years
Falling sales at flagship brand weigh on French luxury group’s outlook
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