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Retail|ANALYSIS

Summer in Saint-Tropez: When the fashion industry makes the Gulf go round

An idyllic setting, the Mediterranean glistening under the summer sun, and an unparalleled vibrancy enliven the narrow streets of the village. Every year, Saint-Tropez is not content with simply being a dream destination. It transforms into an experiential incubator for the biggest luxury houses. This summer vibrancy also raises questions. How...

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Business

IC Group sells Saint Tropez to DK Company

IC Group has signed an agreement to sell Saint Tropez to DK Company A/S with an expected final closing date as at 31 January 2019. The company said in a statement that the group expects a positive, minor amount impact on cash flow from the sale while the accounting effect is expected to amount to a loss of 70 million Danish krone. Out of this...

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