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Private equity firms Bain Capital and Permira also interested in lossmaking ecommerce business owned by Richemont
...The Paris-based private equity group, which first invested in family-owned Marcolin in 2012, has hired Goldman Sachs as advisers....
Eurozone’s biggest lender blames bank taxes and ECB measures for lower-than-expected returns
...Paris Fashion Week got into full swing on Tuesday with shows from Dior and Saint Laurent, luxury houses owned by French conglomerates LVMH and Kering respectively....
...Kering’s Paris listed shares fell 8.5 per cent in early trading on Wednesday morning, taking its declines so far this year to 17.5 per cent for a market value of €39bn....
...The Paris-based lender reported net profits of €3.1bn for the quarter, down 30 per cent from a year earlier but better than analysts were expecting....
...Judging by the continued enthusiastic phone use at Paris Fashion Week, so far it seems the answer is no....
...Paris-based Kering said on Tuesday that sales in the first quarter are expected to fall by 10 per cent year on year on a comparable basis, with those at Gucci — which accounted for two-thirds of group operating...
...Paris-based PAI will acquire a 51 per cent stake in Beautynova for about €330mn from consumer-focused private equity firm Bluegem....
...The Paris-based company said late on Wednesday that it had begun work with bankers and lawyers to evaluate the feasibility of such a plan, which was aimed at maximising its valuation....
Regulatory approval comes as Chinese economic growth slows
...LVMH has been snapping up real estate in New York, Paris and Milan. Prada too has bought its New York building. That piles pressure on rivals to plant their own flags....
...It’s an unfortunate irony, then, that The New Look, an Apple TV+ series about Dior and his haute-couture contemporaries during and after the Nazi occupation of Paris, feels old-fashioned....
French food group’s sales return to higher volume in fourth quarter
...“Our economic relations have gotten a real boost . . . and we can go further,” said Macron after hosting Vučić in Paris....
Scepticism over Brussels’ pledges comes as Rafale jet maker forecasts continued supply chain problems
Billionaire owner of CMA CGM also set to acquire RMC radio from Patrick Drahi
...The Paris-based maker of radar systems for civil and military aircraft, satellites and drones, cited printed circuit boards and hardware as two areas where its own suppliers were struggling to produce enough...
Industry grappling with slowdown in sales growth and rise of cheaper models from China
Factory does not have enough work to keep functioning normally in the coming years
French insurer sets out three-year strategy and plans to lift payouts to shareholders
Dashboard and seat maker aims to reduce workforce of 75,000 over five years to boost margins
...One of the hit shows at Paris Fashion Week was the debut of Chloé’s new creative director Chemena Kamali....
French group suffers Q4 losses as weak demand and lower freight rates last year bite
...The Paris-based company’s growth was led by its dermatological beauty division — which houses brands such as La Roche-Posay and Cerave — followed by its mass-market consumer products division, its largest...
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