The Missoni Group has finalized a deal that transfers full control to Italian equity firm FSI while bringing in Katjes Quiet Luxury as a new minority shareholder.
The Missoni family sold its remaining stake in the company. FSI increased its holding from 41.2 percent to 73 percent, and Katjes Quiet Luxury acquired the other 27 percent. The transaction closed on May 21 after earlier speculation in January and an announcement in March that FSI would take majority ownership.
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Indra's board meeting on Wednesday resulted in no changes to top management, with Ángel Escribano remaining president and José Vicente de los Mozos as CEO. The state-owned SEPI, holding 28% stake, did not push for alterations due to lack of support and recent stock declines. Funds like T. Rowe Price raised their stake above 5% backing Escribano.
Marquee Brands has entered a definitive agreement to acquire a majority interest in the Italian luxury fashion house Roberto Cavalli. The New York-based company announced the deal on Wednesday without disclosing financial terms. This marks Marquee's first foray into luxury acquisitions.
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Die Citigroup hat den Verkauf von 22,6 Prozent ihrer Anteile an der Grupo Financiero Banamex – als Teil ihres laufenden Desinvestitionsprozesses – an institutionelle Investoren und Family Offices abgeschlossen. Der im Februar nach dem vorangegangenen Verkauf von 25 Prozent an die Gruppe von Fernando Chico Pardo angekündigte Deal lässt einen Rest von 1,4 Prozent der gesamten 24-Prozent-Beteiligung offen, die in den kommenden Monaten veräußert werden sollen. Die meisten Transaktionen haben die Genehmigung der mexikanischen Wettbewerbsbehörde erhalten.
WHP Global has closed its purchase of LVMH's majority stake in Marc Jacobs, bringing in G-III Apparel Group as co-owner. Marc Jacobs will remain creative director as the brand shifts focus to licensing under WHP and retail/wholesale operations under G-III.
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Liliana Aufiero (81) gibt den Vorstandsvorsitz von Lupo ab. Carlos Alberto Mazzeu übernimmt die Rolle ab dem 1. Juni.
During Milan Fashion Week, models at Missoni's fall 2026 ready-to-wear presentation appeared with pigtail braids, highlighting a shift toward playful hairstyles. Creative director Alberto Caliri presented a collection focused on layered outerwear, complemented by distinctive hair options including the 'Olsen tuck' and braids.
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Milan Fashion Week for Fall/Winter 2026 commenced on February 24, featuring major designer debuts at houses like Gucci, Fendi, and Marni amid a challenging luxury retail landscape. The event includes 52 runway shows and 89 presentations, highlighted by emerging talents and cultural initiatives following the Winter Olympics. Diesel kicked off the week with a show emphasizing texture and excess.