
Greek jeweller Folli Follie has reached a preliminary deal with some of its creditors over a rescue plan for the company, it said late on Tuesday.
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Greek jeweller Folli Follie has reached a preliminary deal with some of its creditors over a rescue plan for the company, it said late on Tuesday.
China’s e-commerce giant, Alibaba Group Holding, said on Friday it would invest an additional $3.33 billion to raise its equity stake in its logistics affiliate Cainiao Smart Logistics Network to 63% from 51%.
Tom Tailor has announced the appointment of Christian Werner as new CFO, who will join new CEO Gernot Lenz in the efforts to turn around the business.
Gernot Lenz is taking over as CEO of struggling German fashion retailer Tom Tailor on November 1. He succeeds Heiko Schäfer, whose resignation is effective as of October 31.
Up-for-sale Australian brand RM Williams’ earnings are forecast to more than triple by 2024 said investment bank Goldman Sachs in a pitch sent out to attract interest from potential trade and private equity buyers.
Tom Tailor has confirmed it is in talks with its CEO and CFO about their possible departure after days of intense speculation at the German clothing company.
Tom Tailor’s refinancing negotiations seem to be finally entering their final stage, with the troubled chain announcing on Wednesday it has reached an agreement with its lenders and majority shareholder.
Tiffany & Co is sending more of its priciest jewelry to mainland China to reach consumers kept at home by a weak currency, Chief Executive Alessandro Bogliolo said on Thursday.
The Tom Tailor Group is moving forward with its digital expansion plans with the launch of an online in Switzerland.
The French label owned by Chinese conglomerate Fosun has inked a global licence deal with Marchon for the production of its men’s and women’s eyeglasses and sunglasses. The collections will debut in September 2020.