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Prada Group Secures EU Approval for 1.25 Billion-euro Versace Acquisition, Deal Set to Close in 2025
Yahoo Finance· 2025-09-30 14:25
MILAN — The Prada Group has received the European Commission’s green light to acquire Versace. On Tuesday, the EU cleared Prada’s purchase of Versace’s parent Givi Holding Srl stating that it “would not raise competition concerns, given the companies’ limited market positions resulting from the proposed transaction.” More from WWD The operation, in accordance with EU regulations on concentration, pertains mainly to the design, production and distribution of luxury goods. Prada, which also controls the Mi ...
Moncler: Repressed Stock Price And Excellent Results Make For The Perfect Match
Seeking Alpha· 2025-09-30 06:51
I grant Moncler ( OTCPK:MONRF ) ( OTCPK:MONRY ) a strong buy rating. I am of the opinion that the company could generate value for its investors despite the headwinds the global luxury industryDaniel Mellado is an economist from Carabobo University with a Master's Degree in Statistics from Simon Bolivar University, both obtained in Venezuela.Daniel worked analyzing the agricultural commodity market and the financial investment portfolio for an agribusiness group. Then, he managed two teams, one in trading a ...
Silvia Venturini Fendi to step down from creative direction of LVMH label Fendi
Reuters· 2025-09-29 15:56
Silvia Venturini Fendi is stepping down from LVMH label Fendi and becoming honorary president of the fashion house, the French luxury group said on Monday. ...
LuxExperience: 0.3x EV/S For A Global Luxury Leader
Seeking Alpha· 2025-09-29 12:31
Two months back , I said LuxExperience (NYSE: LUXE ) looked like a risky play but one with real alpha potential, especially while its parent was busy turning around YOOX NET-A-PORTER after pickingI’m an equity analyst and founder of Goulart’s Restaurant Stocks, a research firm focused on the U.S. restaurant industry — from quick-service and fast casual to fine dining and niche concepts. I lead all thematic research and valuation efforts, applying advanced financial modeling, sector-specific KPIs, and strate ...
Brunello Cucinelli CEO Denies Allegations of Russian Market Irregularities, Shares Plunge
Yahoo Finance· 2025-09-25 16:19
Updated 3:05 p.m. ET Sept. 25 MILAN – Brunello Cucinelli on Thursday afternoon firmly rejected a short-seller’s allegations of irregularities in the company’s business activities in Russia. This, however, was not enough to avoid a sharp decline in its shares on the Italian Stock Exchange. More from WWD Trading was suspended earlier in the day and, after resuming, shares closed down 17.3 percent to 85.08 euros. Morpheus Research, which is betting Cucinelli’s stock will fall, issued a report alleging the ...
3 International Stocks with Rising Short Interest
MarketBeat· 2025-09-23 11:39
Short interest is an imperfect but useful indicator of investor sentiment. Healthy pullbacks on even the most bullish stocks are a normal part of a healthy market. As we enter the fourth quarter, elevated short interest may be weighing on some international stocks that have made strong gains in 2025. International stocks have been somewhat more attractive as U.S. investors look for diversification. However, the three stocks on this list show a recent spike in short interest as investors may see warning sign ...
Macquarie Large Cap Growth Fund Sold LVMH Moët Hennessy – Louis Vuitton, Société Européenne (LVMUY) Despite Strong Conviction
Yahoo Finance· 2025-09-22 12:41
Macquarie Asset Management, an investment management company, released its “Macquarie Large Cap Growth Fund” investor letter for the second quarter of 2025. A copy of the letter can be downloaded here. The second quarter of 2025 endured significant government policy changes and geopolitical events, which resulted in volatility yet ended with robust performance for equity markets. The Fund’s Institutional Class shares posted an absolute positive return of 11.24% in the quarter, but underperformed the benchma ...
The younger consumer boom: Amex and luxury brands pursue Gen Z and millennials
Fortune· 2025-09-22 11:00
Good morning. Winning customers who stay with a brand for decades has become an important strategy for financial institutions and retailers.For American Express, that means tailoring offerings to affluent, adventure-seeking customers in their mid-20s to mid-40s. In a new Fortune article, my colleague Shawn Tully spoke with American Express CEO Steve Squeri about enhancements to the company’s U.S. Consumer and Business Platinum Cards. Squeri also explains how he’s targeting Gen Z and millennials.Dining was t ...
Gentle Monster, Moncler To Make Japanese Airport Debut At Kansai Alongside Avolta
Forbes· 2025-09-22 06:53
Italian luxury fashion brand Moncler is coming to Kansai Airport. (Photo by Fabrice COFFRINI / AFP) (Photo by FABRICE COFFRINI/AFP via Getty Images)AFP via Getty ImagesKansai Airports, the company operating Japan’s Kansai International Airport, has confirmed a string of new retail tenants for its revamped Terminal 1, an ongoing project that is opening in phases. It is expected to shake up the luxury shopping offer, led by Moncler and Gentle Monster. At a strategic level, a key contract for food and beverage ...
Is Ralph Lauren Stock Still a Buy After Surging 69% in the Past Year?
ZACKS· 2025-09-19 16:36
Key Takeaways Ralph Lauren stock surged 69% in a year, outpacing its sector, the S&P 500 and the industry.Digital sales rose double digits across all regions, led by 35% growth in Asia in Q1 FY26.RL projects revenue growth and margin expansion in FY26, supported by currency tailwinds.Ralph Lauren Corporation (RL) has delivered an impressive 69.4% surge in its stock price in the past year. This strong rally raises a crucial question: Should investors take profits now, or is there still room for further upsid ...