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...(up 58 per cent compared with 2022) and the group’s strong momentum in Japan, where sales were up 44 per cent year-on-year, mainly driven by local customers....
...The slate of anticipated deals includes Ola Electric — expected to be among the largest Indian IPOs of the past two years — as well as fintech group MobiKwik....
...eyewear group and French luxury conglomerate, the people said....
...In his first interview since taking the helm of the Rome-based aerospace and defence group in May, Roberto Cingolani said the Ukraine war had served as a wake-up call for the European industry and companies...
...The group’s order book grew more than threefold last year to about €20bn today, most of that in Europe....
...Siragusa had teamed up with Merlyn to draw up an alternative plan for the group, including the removal of Labriola as chief....
...The club also benefits from the Maybourne group’s partnership with tech platform Virtusan....
...The group said profits were mainly driven by its Zegna and Thom Browne brands....
...The sale to Ithaca — which is majority owned by Israel’s Delek Group — includes British assets that Eni took on with Neptune....
...The fate of the heavily indebted former state monopoly rests on the sale of its landline network to private equity group KKR for up to €22bn....
...“We’re the opposite of other luxury groups....
...after the Italian government in June stripped Sinochem, Pirelli’s biggest shareholder with a 37 per cent stake, of its right to appoint a chief executive as fears grew over the Chinese state chemicals group...
...In July 2023 Kering purchased a 30 per cent stake in the Italian house from Qatari investment fund Mayhoola, as part of a “strategic” deal that would give the French luxury group the option to take full...
...The new rule is causing a headache for them as there is no effective way to revive sales here,” said Lee Hang-koo at the Jeonbuk Institute of Automotive Convergence Technology, a South Korean research group...
...Labriola’s proposals include the sale of the junk-rated group’s landline network to US private equity group KKR and a reduction in net debt from €20bn to about €7bn by 2026....
...Eni would hold 38 to 39 per cent of the enlarged group under the limited details released so far. The combination would raise Ithaca’s production to above 100,000 barrels/day....
...Its former chief executive, Alan Bruce, left the group early this year....
...Its investors, however, may find the group’s latest proposition does not fit them so well....
...The Stoxx high coincides with strong fourth-quarter results for UniCredit, Santander and Lloyds Banking Group....
...Tod’s performance improved last year with the group announcing in January that sales increased 11.9 per cent in 2023 to €1.13bn, with all brands gaining in the double digits....
...Della Valle added: “Our new partners will benefit us . . . it lightens my responsibilities toward my family, workers, our whole group which is indeed an Italian group.”...
Pink eyes, ‘spotlit’ skin and the perfect peachy lipstick... Nicola Moulton rounds up the season’s biggest looks
...The luxury sneakers do, however, successfully signal to a select group of people that you are rich. The problem is that to a different select group of people, they signal that you are an idiot....
...raises £48mn for Alzheimer’s research Spa wars – the race to be the best retreat in the world Relationships Divorce: do the numbers still add up?...
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