Biggest Luxury Group Acquires Italian Jewelry Producer To Significantly Increase Production Capacity

LVMH strengthens its position in jewelry with the acquisition of Pedemonte. LVMH Group announces the acquisition, from the Equinox III SLP SIF investment fund, of the Pedemonte Group, a jewelry producer present in Italy and France. This strategic operation for the Watches & Jewelry Division and its jewelry Maisons will allow the Group to significantly … Read more

What are ETFs and How To Invest in Them?

If you’re like most people, you have a vague idea of what an ETF is but don’t understand how they work. In this article, we will break down the different types of ETFs and explain how they can be used to meet your investment needs. We’ll also discuss the pros and cons of investing in … Read more

Qatari investment fund took over French luxury fashion house Balmain

Valentino label’s owner, the Qatari investment firm Mayhoola for Investments purchased French fashion house Balmain without revealing how much it was paid for the new luxury acquisition. Financial medias revealed that the Qataris offered 485 million euros ($546 million) for Balmain. The offer was higher than the sale estimates of between 300 to 400 million … Read more