Shares of Nasdaq-listed fashion company Mogu soared on Thursday after the company announced it was buying digital coins Bitcoin, Ethereum, and Solana with its spare cash. https://t.co/pinwqx3dmJ ...

Core Insights - Kering and Mayhoola have amended their shareholders' agreement regarding Kering's acquisition of a 30% stake in Valentino, maintaining the current ownership structure until at least 2028 [1][2] - The exercise dates for Mayhoola's put options on Kering for the remaining 70% stake in Valentino have been postponed to 2028 and 2029, while Kering's call option has also been deferred to 2029 [2] - Kering reported a revenue of €17.2 billion in 2024 and has a significant debt of €9.5 billion, which is a priority for new CEO Luca de Meo [3][5] Company Overview - Kering is a global luxury group with a portfolio that includes brands like Gucci, Saint Laurent, and Bottega Veneta, employing 47,000 people [3] - Mayhoola is a Qatari investment company focused on the luxury sector, owning brands such as Valentino and Balmain, and operates luxury department stores in Turkey [4] Financial Performance - Valentino's revenue in 2024 decreased by 2% to €1.3 billion, with earnings before interest, taxation, depreciation, and amortisation dropping 22% to €246 million [5]

Kering is getting more time to exercise an option to buy the rest of fashion house Valentino, as the French group focuses on reducing its debt levels https://t.co/9DjzTyvAMC ...

Press release - Amendment to the Valentino shareholders' agreement - September 10, 2025 PRESS RELEASE September 10, 2025 AMENDMENT TO THE VALENTINO SHAREHOLDERS’ AGREEMENT Kering and Mayhoola jointly announce that they have agreed to amend their shareholders’ agreement (initially concluded at the time of Kering’s acquisition of a 30% stake in Valentino in 2023) and more specifically the framework of the evolution of Valentino’s shareholding. According to this amendment, the current ownership struct ...

Inditex sales picked up at the start of the third quarter, as the world’s biggest fashion retailer showed resilience in the face of weak consumer sentiment and poor weather https://t.co/0Qbbs7Z9k6 ...

Anna Wintour was Vogue. Now she's gone, can the magazine stay relevant? https://t.co/eL6ORLKdVh ...

Heard on the Street: Giorgio Armani has left behind a slightly outdated business model https://t.co/tqaJmqiWHL ...

Billionaire designer Giorgio Armani, who died this week at age 91, transformed Italian fashion while remaining defiantly independent. https://t.co/iTCfu1LXe8 ...

All over Milan is Armani. All over the world is Armani. Everyone has heard Armani's name and that is his legacy.This is the Armani bookstore. Come with me. This is the Armani Hotel. This is just one street in Milan.And further up, the Armani store itself. George Omani created his fashion brand in 1975. But it was when his suits appeared with Richard Gear in American Jigalo that it really took off.His suits were different. They were deconstructed. They weren't the formal suits of past years.And yet at the sa ...

[Applause] Giorgio Armani, the fashion designer everyone knows, even if they know nothing about fashion. The 91year-old whose jaw-dropping dresses and sleek suits redefined red carpets has died. His company calling him indehaticable, saying he worked until his final days.When you hear the name Armani, what comes to mind. >> Genius. To me, he's he was such a visionary.We lost a huge talent in the fashion and creative worlds. >> Born in Pachenza, Italy in 1934, Armani did not come from a wealthy family. He fo ...