Edition:
United Kingdom

Claudia Cristoferi

Italy's Moncler warns of plunge in Chinese shopping

10 Feb 2020

MILAN Shopper numbers at Moncler stores in China have plunged 80% since the country's coronavirus outbreak, the Italian luxury puffer jacket maker said on Monday, joining other high-end brands in warning of a big hit from the epidemic.

Italy sees fashion sales hit due to China virus, Pandora warns of business freeze

04 Feb 2020

MILAN Italy's fashion industry expects revenues to fall 1.8% in the first half of 2020 due as the coronavirus outbreak hits sales, an industry official said on Tuesday, as jewellery maker Pandora warned business in China had ground to a halt.

Italy's Safilo buys Californian sunglasses brand Blenders in digital push

09 Dec 2019

MILAN Italy's Safilo has agreed to buy 70% of Blenders Eyewear, looking to boost digital sales through a deal it said valued the U.S. surf and ski sunglasses brand at $90 million.

Italy's Safilo buys Californian sunglasses brand Blenders in digital push

09 Dec 2019

MILAN, Dec 9 Italy's Safilo has agreed to buy 70% of Blenders Eyewear, looking to boost digital sales through a deal that values the U.S. surf and ski sunglasses brand at $90 million.

Moncler plays down possible Kering tie-up amid luxury merger wave

05 Dec 2019

PARIS/MILAN The chief executive and top shareholder of puffer jacket maker Moncler played down speculation around a takeover by Gucci-owner Kering on Thursday, saying the two firms sometimes talked but that there was no deal in the works.

Italy's Ferragamo warns of slowdown after Q3 sales slip

12 Nov 2019

MILAN Italian luxury group Salvatore Ferragamo posted a fall in third-quarter revenue that dampened signs of recovery in the first half of the year and warned of further weakness ahead due to the impact of unrest in Hong Kong and a weak U.S. market.

Italy's Del Vecchio targets Mediobanca stake above 10%: sources

08 Nov 2019

By Gianluca Semeraro, Claudia Cristoferi and Pamela Barbaglia

Gucci, Moncler post solid growth despite Hong Kong turmoil

24 Oct 2019

PARIS/MILAN Kering's Gucci brand and Italian jacket maker Moncler joined other luxury labels on Thursday in easing fears of a major third quarter sales hit from protests in Hong Kong, as they benefited from brisk business across the rest of Asia.

UPDATE 2-Gucci, Moncler post solid growth despite Hong Kong turmoil

24 Oct 2019

PARIS/MILAN, Oct 24 Kering's Gucci brand and Italian jacket maker Moncler joined other luxury labels on Thursday in easing fears of a major third quarter sales hit from protests in Hong Kong, as they benefited from brisk business across the rest of Asia.

Italy's Bio-on CEO arrested in 'Plastic Bubbles' probe

23 Oct 2019

BOLOGNA, Italy The head of Italy's Bio-on was arrested on Wednesday in a probe into false accounting and market manipulation, just three months after the bio-plastics maker suffered an attack by a short seller fund that erased 80% of its value.

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