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Armani explores minority stake sale

The latest collection designed by Giorgio Armani was presented in Milan less than one week ago. The management has now reportedly contacted potential buyers for the sale of a minority stake in the fashion group. This was reported by the Reuters news agency, which cited three sources familiar with the situation. The move has initiated a de facto...

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Business

As growth momentum fades, is Jacquemus seeking investment?

French fashion label Jacquemus last week established its first permanent US presence with a flagship store in New York's Soho district, a strategic move that coincides with reports of the brand seeking minority investment. The 2,906-square-metre location represents a significant commitment to the American market, even as the independently-owned...

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