Etro Announces Strategic Partnership with L Catterton Europe. Etro, the global luxury fashion house, has entered into a binding agreement to partner with L Catterton, the largest global consumer-focused private equity firm. Under the terms of the agreement, L Catterton Europe will acquire a majority stake in the Company, while the Etro family will … Read more
LVMH, the French Holding multinational corporation and conglomerate specializing in luxury goods, and American designer, entrepreneur, and DJ Virgil Abloh have agreed to jointly pursue new projects across luxury categories. LVMH luxury group will acquire a majority stake in Off-White, the trademark owner of Off-White. Following the acquisition, LVMH will own a 60% interest … Read more
Moët Hennessy and Campari Group form of a 50/50 joint venture and intend to build a premium pan-European e-commerce player. Moët Hennessy and Campari Group announced the formation of a 50/50 joint venture (JV) with the purpose of investing in Wines & Spirits e-commerce companies and build a European e-commerce pure player in this growing … Read more
The second largest metropolis in the United States has an ever-increasing influence on the tastes and trends of consumers everywhere. And 2021 L.A. Spirits Awards medals carry commensurate sway with consumers and the spirits trade. The 2021 competition attracted a 65% increase in entries over its inaugural 2020 event, adding 10 prestigious judges to … Read more
Bugatti, the French supercar manufacturer of high-performance automobiles, to form part of a new joint company. Porsche and Rimac Automobili have finalized the plans to establish a new joint venture including Bugatti, named Bugatti Rimac. Porsche, Rimac Automobili, and Bugatti announced a partnership. Bugatti’s current owner Volkswagen brought Bugatti into this new joint … Read more
Not just another sports car. The Other sports car from the British builder of sports and racing cars. The perfect illustration of the ongoing transformation of the Lotus Cars business and brand, the Emira is an all-new mid-engined premium sports car that will be built in a new factory at Hethel, Norfolk, UK. The … Read more