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Authentic Brands reportedly prepared to pay $1 billion for Reebok
Put up for sale by Adidas, Reebok has reportedly already attracted a bid of $1 billion from Authentic Brands Group, the owner of brands including Barney's, Juicy Couture, Nautica, Nine West and Frye.
Fashion
Business
Amazon in talks to buy MGM movie studio
Amazon.com Inc is in talks to acquire the iconic U.S. movie studio MGM, The Information reported on Monday, citing a person familiar with the matter.
Fashion
Media
Global luxury sales could return to pre-Covid levels this year, Bain says
The luxury goods sector could shrug off the hit from the coronavirus crisis as early as this year as Chinese and U.S. shoppers help sales recover to pre-pandemic levels, consultancy Bain said on Monday.
Fashion
Business
Luxury yacht maker Italian Sea Group secures Armani's backing in IPO
Luxury yacht maker The Italian Sea Group said it had secured backing from Giorgio Armani and Belgian pharmaceutical entrepreneur Marc Coucke as it prepared to list its shares on the Milan bourse.
Luxury
Business
Trade shows
French fashion trade shows preparing to stage physical sessions again
As Tranoï and the French Fashion Federation join forces, and Who’s Next and Mode & Objet confirm their dates, French trade shows are preparing their return, after cancelling several editions due to the pandemic.
Fashion
Trade shows
Copenhagen Fashion week plans physical return in August
Copenhagen Fashion Week is to return physically for SS22 in August. It will run at the same time as tradeshows CIFF and Revolver as fashion events across Europe start their physical comeback.
Fashion
Trade shows
Italy's White trade show confirms June, September dates
The Milan fashion and accessories show will return in phygital format with the WSM event on June 19-21, and is set to welcome back its participants in person on September 23-26 in the city’s Tortona Fashion District.
Fashion
Trade shows
Barcelona Bridal Week cancels next edition
The trade event dedicated to the wedding world, organized by Fira de Barcelona, has cancelled its June edition due to the travel restrictions affecting 75% of its participants. The event may be held later in the year.
Fashion
Trade shows
