Edition:
United Kingdom

Claudia Cristoferi

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.

New investor Del Vecchio challenges Mediobanca's strategy

09 Oct 2019

MILAN Eyewear tycoon Leonardo Del Vecchio on Wednesday urged Mediobanca to build up its investment banking business in a challenge to venerable merchant bank's strategy, nearly a month after he snapped up a 7% stake that stunned corporate Italy.

UPDATE 3-Italy's Bio-on slashes 2019 sales forecast, blames U.S. hedge fund

01 Oct 2019

* Bio-on to unveil new business plan (Adds Quintessential statement, paragraphs 7-8)

Dolce & Gabbana sees sales slowdown in China after ad backlash

27 Aug 2019

MILAN Italian fashion house Dolce & Gabbana expects sales in China to fall in the current fiscal year after a slowdown in 2018-19, in a sign the brand is still struggling to shake off the fallout from a controversial advertising campaign in the country.

Exclusive: Third Point builds stake in Ray-Ban maker EssilorLuxottica - sources

26 Aug 2019

Third Point LLC, the U.S. hedge fund that has pushed for changes at companies ranging from Nestle SA to Campbell Soup Co , has amassed a stake in Ray-Ban maker EssilorLuxottica SA , people familiar with the matter said on Sunday.

Italy's Ferragamo confirms sales recovery with second-quarter figures

30 Jul 2019

MILAN Sales at Italy's luxury group Salvatore Ferragamo rose for the second quarter in a row in the three months to June, driven mainly by consumers in China, confirming a recovery trend in the first part of the year.

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