Key Earnings Reports Due From UBS, Kion, Fuchs, and Siltronic A look at the day’s financial calendar shows several major companies scheduled to release their first-quarter earnings reports. earnings Release Schedule The following is a preliminary schedule of companies releasing Q1 numbers today: 6:45 a.m. CET: UBS (Switzerland) 6:55 a.m. CET: Kion (Germany). A conference … Read more
Prada Acquires Versace in $1.38 Billion Deal, Bringing Iconic Brand Back to Italian Control MILAN (AP) — In a landmark deal reshaping the luxury fashion landscape, Maison Prada has announced the acquisition of Versace for approximately $1.38 billion. The move returns the renowned brand to Italian ownership adn solidifies Prada’s position as a leading luxury … Read more
Dalip Sehgal, CEO, Nexus Select Trust, which operates a portfolio of over 18 premium malls in India, said consumers are increasingly diversifying their expenditure with more focus on experiences and grooming. “Beauty will become even bigger. So, let’s say fashion today is 45-50% of the business. My sense is that between 5-7% of that will … Read more