Aggregated sources have confirmed that the Italian police have raided the offices of several luxury fashion brands, including Bulgari and Chanel, as part of an expanding investigation into alleged labour exploitation involving Chinese-owned subcontractors in the country's luxury goods supply chain. Read More...
France and Italy have committed to strengthening cooperation to support the competitiveness of Europe's fashion and luxury industries, according to a joint statement issued following the 36th Franco-Italian Summit in Cannes in June. Read More...
Italian luxury tannery Conceria Antiba has held its first Open Day, welcoming employees, collaborators and their families to its facility in Ponte a Egola for an evening designed to showcase the company's operations and recognise the people behind its success. Read More...
Salvatore Ferragamo is stepping up efforts to strengthen leather traceability and long-term strategic planning as the Italian luxury group navigates tightening European sustainability rules and broader organisational change. Read More...
Luxury group Kering has reported revenue of €14.7 billion in 2025, down 13% as reported and 10% on a comparable basis, as the company undertook strategic and cost measures aimed at positioning the business for a return to growth in 2026. Read More...
According to a corporate filing and two sources verified by Reuters, Kering and investment fund Mayhoola will provide a €100 million in capital to Valentino after the Italian fashion house breached loan covenants earlier in 2025. Read More...
Kering and Mayhoola have agreed to amend their shareholders’ agreement, specifically regarding the framework for Valentino’s shareholding evolution. Read More...
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