MILAN — Roughly a year after introducing its Nuance Audio brand, a convergence of eyewear and hearing aid devices, EssilorLuxottica is ramping up its tech capabilities in that space with an acquisition. The eyewear giant has taken over Pulse Audition, a French start-up that specializes in AI-powered noise reduction and voice sound enhancement to scale … Read more
MILAN — Woolrich is setting its ambitions higher, fashion and luxury slowdown notwithstanding. The outerwear specialist is welcoming a new investor, the Chinese apparel group Baoxiniao Holding Co. Ltd. The company listed on the Shenzhen Stock Exchange and parent to the Saint Angelo, Hazzys, Bono, Camicissima and Henry Grant brands, is acquiring Woolrich’s intellectual property … Read more
MILAN — In the M&A scenario, and especially in this economy amid global challenges, things can change quickly. Case in point: Rothschild has been given a mandate to seek an investor in the Etro company, a source confirmed to WWD on Friday. The mandate comes even though less than two months ago Etro’s chief executive … Read more
CHECKING IN: You can soon add hotelier to the many additional caps worn by music star Pharrell Williams, who moonlights as creative director of menswear at Louis Vuitton, runs beauty brand Humanrace and auction house Joopiter, to name of a few of his side hustles. He co-invested in the property that formerly housed the Hôtel … Read more
Daniel, known as the “POV Husband” on TikTok, YouTube, and Facebook, has captivated a strong following by sharing his cooking talents and life stories, infused with quirky humor. But his journey was far from the life he leads today. Growing up, Daniel worked tirelessly to support his immigrant family, who made significant sacrifices for his … Read more
Vista Equity Partners and Blackstone agreed to acquire software maker Smartsheet for about $8.4 billion in cash. Vista and Blackstone on Tuesday stated that they will be buying Smartsheet for $56.50 per share, representing a premium of about 41% over Smartsheet’s 90-day average closing share price as of July 17, 2024, when media reports surfaced … Read more
Berkshire Hathaway chairman Warren Buffett increased his stake in US-based audio entertainment company Sirius XM Holdings (NASDAQ: SIRI) by 262.24% during the quarter ended June 30. According to the latest company 13F filing, Berkshire Hathaway purchased 96.2 million SIRI shares in Q2 at an average price of $3.36 apiece to own a total of 132.88 … Read more
MILAN — After 16 years, Bally has a new owner. On Thursday, an affiliate of Regent, the owner of Club Monaco and Escada, will reveal it has acquired Bally International A.G. from JAB, WWD has learned. “Bally is one of the world’s great heritage luxury brands,” said Michael Reinstein, founder and chairman of Regent. “Its legacy, … Read more
MILAN – Coin SpA is among the growing number of retailers feeling the pinch of growing inflationary pressure and reduced spending capacity, which has burdened its business with a heavy debt. The Italian retailer said Friday that a Venice court approved its admission to a “negotiated composition” measure aimed at protecting the company as it … Read more
University of Kerala released the results of various courses under MA, BSc, BCom, BA, BTech and LLB on its official website. Candidates who have appeared for the exam and wish to check their results can visit the official website of University of Kerala at keralauniversity.ac.in. University of Kerala released the results of various courses under … Read more
