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Friday, January 22, 2021

luxury good

Moncler Buys Rival Stone Island for $1.4 Billion

Italian luxury jacket maker Moncler has agreed to purchase its smaller domestic rival Stone Island in a 1.15 billion euros ($1.4 billion) cash and...

Gucci Donates $500,000 to Help Supply COVID-19 Vaccines

Luxury brand Gucci, which is owned by French conglomerate Kering, announced on Friday morning it will donate at least $500,000 to the United Nations...

Tiffany Agrees with LVMH on Lower Price in $16 Billion Takeover Agreement

US jeweler Tiffany agreed with LVMH on Wednesday night to slightly lower the price of its takeover by the French luxury goods group, in...

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