Capri Holdings Limited Appoints Emmanuel Gintzburger as CEO of Versace. Global fashion luxury group Capri Holdings Limited, Versace’s parent company, announced the appointment of Emmanuel Gintzburger as Chief Executive Officer of Versace effective September 12, 2022. Gintzburger will report to John D. Idol, Chairman and Chief Executive Officer of Capri Holdings. Gintzburger joins Versace from … Read more
Emma Raducanu complements the Porsche family as a new tennis ambassador. Over the past financial year, Porsche AG has underpinned its position as one of the world’s most profitable automobile manufacturers. The Stuttgart-based sports car manufacturer reached a new all-time high in both sales revenue and operating profit. Sales in 2021 were €33.1 billion, €4.4 billion more … Read more
The transaction is a key milestone for the luxury fashion resale industry. Vestiaire Collective, the leading global online marketplace for desirable pre-loved fashion today announces the acquisition of Tradesy, the US pioneer in the fashion resale industry. Financial terms of the deal were not disclosed. Vestiaire Collective and Tradesy were both founded in 2009 by … Read more
Walpole, the industry body for the British luxury sector, has unveiled the participants for its annual Brands of Tomorrow programme. The initiative will nurture and guide 12 of Britain’s most innovative fledging luxury companies, and provide the skills and support needed to navigate the ongoing challenges of the global pandemic and beyond. Now in … Read more
Gold, luxury watches and jewelry serve as a store of value and a hedge against inflation. As global market reacted to Russian Invasion of Ukraine, the luxury brands were the last to announce the exit. Russian buyers invested in hard luxury, such as watches and jewellery. As al-jazeera wrote, at the beginning of the invasion … Read more
Skincare Devices Market Size Worth $34.3 Billion By 2030: Report. The global skincare devices market size is expected to reach USD 34.3 billion By 2030, registering a CAGR of 11.9%, according to a new report by Grand View Research, Inc. An increasing number of skin-related disorders such as cancer and assorted disorders are likely to increase the adoption rate of … Read more