Business

Italian Design Day 2019: The city of the future, the quality of life and new frontiers of living

“The city of the future, the quality of life and new frontiers of living” are the significant themes of Italian Design Day 2019. The Day, promoted by the Ministry of Foreign Affairs and International Cooperation and that put design at the core of its “Italian Lifestyle” promotion campaign, two years after its launch, has succeeded to become the established instrument to promote design as the expression of Brand Italy, a brand recognised and appreciated worldwide

EssilorLuxottica Group: growth at constant exchange rates

Last year, the EssilorLuxottica Group recorded an adjusted net profit of €1.871 billion, and revenues up to €16.1 billion with a 3.2% growth at constant exchange rates (-1.2% at variable rates). This is what emerges from the eyewear leader’s first integrated data after the company’s BoD meeting in Paris, where they anticipated a 3.5% to 5% growth in revenues for 2019, and proposed a dividend distribution of €2.04 per share

Focus on ESG for the Kering luxury group with Sophie L’Hélias

The Kering luxury group has appointed Sophie L'Hélias as an independent advisor with a focus on issues related to the ESG (Environmental, Social & Governance), ie compliance with environmental, social and governance criteria that shape the ethical impact and sustainable practices of a company

Hermès: constant rates and interesting revenues for the luxury brand

The results announced by Hermès on the morning of 8 February, with fourth-quarter revenues up 9.6% at constant rates, are yet another reassurance for luxury sector investors that Asia, China in particular, they are not slowing down

Italia Independent new partners for Lapo Elkann to strengthen the offer and open new markets

The transaction, as stated in a note on the transaction, "is at the end of the reorganization process that has seen a profound restructuring and operating efficiency, as well as a reduction in the cost structure and strengthening of the offer. of products for the Italia Independent brand ".

A photographic exhibition by Gerald Bruneau, dedicated to the #100esperte project

Last January 16, Fondazione Bracco has inaugurated a photographic exhibition dedicated to portraying the skills of some of the scientists involved in the #100experts project, created to promote female expertise in sectors still perceived as male-dominated. The exhibition, featuring shots by famous photographer Gerald Bruneau, is focused on STEM (Science, Technology, Engineering and Mathematics) and will be open until 30 June 2019 in Milan at the CDI – Italian Diagnostic Center in Via Saint Bon 20, Milan.

Salon International de la Haute Horologerie: the 29th edition opens today

One of the most interesting news this year is the LAB that brings innovation in the heart made of traditional watchmaking of SIHH. Strategically positioned at the center of the fair, this open and interactive space hosts the latest technologies developed by exhibitors, some in collaboration with the EPFL institute of technology, and brings the new audience behind the scenes of the evolving revolutions

VITA BELLA a tribute to the poliedric italian style

Vita Bella, ARAN Cucine’s brand new product, out now for imm cologne, is a kitchen able to harmonize elements from the past and manifacture tradition, with contemporary ‘ingredients’, offering, through its different versions, multiple possibilities of interpretation of classic. Proposed in many colours and finishes, from wood to glass, metal, until the most precious marble, this kitchen, thanks to the combination of different elements as well, confers a touch of unicity to each environment

Chanel opens the new year with a new important acquisition

Chanel opens the new year with a new important acquisition and thus reiterates its desire to better monitor the top of watchmaking. The maison has in fact acquired a participation of Kenissi, a new factory of Swiss automatic movements

Capri Holdings Limited completes the acquisition of Gianni Versace for 2.12 billion dollars

Michael Kors Holdings changes his name to Capri Holdings Limited and completes the acquisition of Gianni Versace for 2.12 billion dollars. The change of name of Michael Kors is official from 2 January. The American group also changed the symbol to the New York Stock Exchange, from "KORS" to "CPRI". The name refers to the iconic Italian luxury destination, as recalled by John D. Idol, chairman and CEO of Capri Holdings, now "one of the global fashion luxury group leaders, with the acquisition of Versace".
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