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X @Forbes
Forbes· 2025-09-13 17:38
The unsealing of the fashion icon’s will shows he left nothing to chance, divvying up much of his fortune to five now billionaires and even naming potential buyers for his iconic fashion house. https://t.co/X0EEQLGdAc (Photo: Mondadori Portfolio via Getty Images) https://t.co/4VWm5M7Anz ...
X @The Economist
The Economist· 2025-09-13 16:00
From Diane Keaton to Bill Clinton, stars on and off the red carpet took up his style by the limousine-load. No designer had ever courted Hollywood so well. To Giorgio Armani, life was cinema, and his clothes were the costumes. Read our obituary https://t.co/qNCw84xBrq ...
X @Forbes
Forbes· 2025-09-13 15:33
RT Giacomo Tognini (@giacomotognini)Giorgio Armani’s will was unsealed on Thursday, a week after the iconic fashion designer’s death at the age of 91 on September 4. Here's how he divided up his $9.6 billion fortune among five heirs--all of whom are now billionaires.Read here @Forbes:https://t.co/QefloagTEH ...
X @The Economist
The Economist· 2025-09-13 06:20
Giorgio Armani’s clear blue eyes noticed everything—including that a colleague’s tie, 1.5cm too long, spoiled the balance of his outfit. Our obituary of the Italian designer who was the arbiter of every detail of his life https://t.co/elxt2LLoUH ...
Sipping with Style: Capri Sun and Christian Siriano Introduce the Fan-Fueled Pouch Purse
Businesswire· 2025-09-12 21:30
Core Insights - Capri Sun has evolved from a beverage brand to a cultural icon, with fans creatively repurposing its packaging into fashion items since the early 2000s [1] - The brand has partnered with renowned American fashion designer Christian Siriano to celebrate this trend and further enhance its status in the fashion industry [1] Brand Evolution - The transformation of Capri Sun's iconic silver pouch into a fashion statement has been driven by user-generated content on platforms like YouTube and TikTok [1] - This trend has engaged multiple generations of fans, turning them into at-home designers and reinforcing the pouch's status as a style statement [1] Collaboration - The collaboration with Christian Siriano marks a significant step for Capri Sun in merging beverage branding with high fashion [1] - This partnership aims to celebrate and elevate the creativity of Capri Sun enthusiasts while tapping into the fashion market [1]
Moncler’s Ruffini Family Invests in Luxury Hotel Supplies Group La Bottega
Yahoo Finance· 2025-09-12 14:54
Group 1: Investment Overview - The Ruffini family, through their holding company Ou(r) Group, has acquired a 14.7% minority stake in La Bottega FounderCo, which operates in the luxury hotel supplies sector [1] - La Bottega specializes in providing fragrances, toiletry products, and bespoke amenities to hotels globally, featuring brands like Culti, Ortigia, Etro, and Diptyque [2][3] Group 2: Company Structure - La Bottega FounderCo is primarily owned by the Pacini family with a 50.4% stake, while Three Hills Capital Partners holds 49.6% [3] - Ou(r) Group is one of two holding companies of the Ruffini family, which also includes Ruffini Partecipazioni Holding, known for its 15.8% stake in Moncler [4] Group 3: Strategic Intent - The investment in La Bottega aligns with Ou(r) Group's strategy to enhance its presence in high-end hospitality markets, focusing on authenticity, innovation, and experientialism [5] - La Bottega's CEO emphasized the strategic alliance's goal to solidify the company's international role in luxury hospitality and explore new opportunities [6] Group 4: Industry Context - The fashion industry is increasingly engaging with the hospitality sector to elevate its prestige through partnerships and creative initiatives [7]
Explainer-Armani after Giorgio Armani: key details of his will
Yahoo Finance· 2025-09-12 12:00
MILAN (Reuters) - Giorgio Armani, who died last week aged 91, surprised the fashion world by instructing his heirs to gradually sell the empire he had set up in his 50-year-long career. Like everything he did - from the broad company strategies to the models' hair before a catwalk - the "king of fashion" did not leave anything to chance. Below are the details from his will. FOUNDATION, PARTNER TO CONTROL THE COMPANY The designer decided that the Giorgio Armani Foundation, he established in 2016, will i ...
X @Decrypt
Decrypt· 2025-09-11 20:01
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 ...
Kering delays full acquisition of Italian fashion brand Valentino
Yahoo Finance· 2025-09-11 14:52
French luxury group Kering and Qatari investment company Mayhoola have agreed to amend their shareholders' agreement, initially agreed during Kering's acquisition of a 30% stake in Italian fashion brand Valentino in 2023. The amendment addresses the framework in the evolution of shareholding in Valentino. Under the revised agreement, the existing ownership structure of Valentino will remain unchanged until at least 2028. Mayhoola's put options on Kering for its remaining 70% stake acquisition in Valenti ...
X @Bloomberg
Bloomberg· 2025-09-10 17:14
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 ...