Sentences with phrase «luxury group for»

Not exact matches

She sold a majority stake to Swiss luxury group Richemont for # 50 million ($ 71.8 million) in 2010 before leading Net - A-Porter through a $ 3.2 billion (# 2.7 billion; $ 3.9 billion) merger with Italy's Yoox Group in group Richemont for # 50 million ($ 71.8 million) in 2010 before leading Net - A-Porter through a $ 3.2 billion (# 2.7 billion; $ 3.9 billion) merger with Italy's Yoox Group in Group in 2015.
French luxury group LVMH has agreed to buy an 80 percent stake in German high - tech luggage maker Rimowa for $ 716 million.
The CEO said that he was heavily criticized in the 1990s for creating a luxury group and now feels that his competitors aim to copy his business model with limited success.
PARIS, April 12 (Reuters)- Booming demand for L'Oreal's luxury cosmetics brands like Lancome, particularly in China, helped boost the company's first - quarter sales, offsetting a more wobbly performance in the group's mass market division.
John Studzinski, vice chairman at The Blackstone Group and Luca Solca, managing director for luxury goods at Exane BNP Paribas, discuss the changing luxury consumer.
PPR SA (the world's third - largest luxury group behind LVMH and Richemont), for example, recently acquired skate - and snowboarding clothier Volcom Inc. for US$ 607.5 million and CEO Francois - Henri Pinault says he believes there still a lot of growth left in the company.
The Toronto - based miner recently announced it was selling its luxury retail business to Swatch Group for US$ 750 - billion, plus the assumption of up to US$ 250 million in debt.
Following years of increasing employment and wealth driving up rent and property prices in San Francisco and surrounding cities, demand for luxury housing appears to be on the decline and housing and condo price appreciation have «basically plateaued,» according to Paragon Real Estate Group.
Groups including Dutch telecommunications group Altice, US conglomerates Honeywell and General Electric, UK oil major BP and French luxury group Kering are considering setting up independent companies for some of their activities as a way to generate value for shareholders.
HONG KONG (Reuters)- Dalian Wanda Group has agreed to sell its interests in the high - profile London luxury development project, One Nine Elms, for 59 million pounds ($ 81 million), the latest in a string of asset sales that underscore financial strains hitting the Chinese conglomerate.
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However, its $ 550 annual price tag makes it suitable for one group of people — frequent travelers seeking luxury amenities.
«This is a transformative time for Michael Kors Holdings Limited,» Idol said, «as we established our global fashion luxury group with the recently completed acquisition of Jimmy Choo.»
Dependence naturally follows from luxury, for it consists in accepting the dominance of whatever person or group, or, we might say today, governmental or private corporate structure, that promises it will take care of our material desires.
With the creation of the Chai Rum came several opportunities for the SMAKS Luxury Group, two of which set the foundation for a whirlwind global encounter.
Chinese - owned Grange Group has purchased the Balgownie Estates luxury resort and vineyard in Yarra Glen and Bendigo for about $ 30 million.
Picking off a wine business from a conglomerate was also earmarked as likely, with Macquarie saying Altria Group's Ste. Michelle makes most of its profits from luxury and «mass - market prestige» wine, and would make sense as an acquisition target for Treasury Wine.
He is a professional consultant Wine Buyer for airlines and luxury hotel groups.
TWG Tea, which stands for The Wellbeing Group, was founded in 2008 as a luxury concept that incorporates unique and original retail outlets, exquisite tea rooms and an international distribution network to professionals.
Ideal for groups up to 500, our weddings venues combine the quaint serenity of a vineyard with the comfortable luxury of a world - class resort.
Ideal for groups of any size, this meeting and event venue combines the quaint serenity of a vineyard with the comfortable luxury of a world - class resort.
This certainly holds true for the Hotel Coral & Marina — a luxury Mexican resort that truly has it all for families, couples, groups or any well - heeled traveler seeking an easily accessible, all - encompassing escape South of the Border.
The family - owned and operated AAA Four Diamond waterfront inn in historic Old Saybrook, Connecticut has recently opened two new Luxury Guesthouses, Three Stories and Tall Tales, both of which are high - end accommodations providing a unique space for smaller groups on the picturesque shores of the Long Island Sound and the Connecticut River.
The two groups agreed to prevailing wages for workers on condo construction projects, if Albany would again extend 421a to cover luxury properties.
Silver reportedly was the «anonymous benefactor who tucked» into a housing bill controversial 421a tax breaks for five luxury developments in 2013 despite fervent opposition from tenant - advocacy groups, according to the Daily News.
The group, Movement for Justice in El Barrio, is countering the de Blasio rezoning proposal that they call a «luxury housing plan» with a 10 - point agenda of its own designed to preserve current housing stock and protect the community from gentrification.
Attorney General Eric Schneiderman announced Friday that he is settling with the Allure Group, a real estate developer under investigation for closing deed - restricted nursing homes in Manhattan and Brooklyn that were then converted into luxury residential properties.
It then sold the property for $ 116 million to developers, including the Slate Property Group, which intends to build luxury condos there.
The owner, Slate Property Group, bought the property from the Allure Group for $ 116 million, a sale contingent on getting the city to lift a deed restriction so the new owner could convert the building from an AIDS hospice to luxury apartments.
The former governor was «on call» for Allure Group managing partner Joel Landau during talks for the takeover of a second nursing home, a Brooklyn facility that is also being converted into luxury housing, a source close to those negotiations told The Post.
The lifting of the restrictions allowed Allure Group, a for - profit nursing home provider, to flip the property at 45 Rivington St. to a luxury condo developer for $ 116 million.
Earlier this year, the group sold the property at 45 Rivington Street to luxury housing developers for $ 116 million.
Earlier this year, The Allure Group sold the building to a trio of luxury housing developers for $ 116 million — even though administration officials had been looking to turn it into affordable housing.
Among those matters: the lifting of deed restrictions on a Lower Manhattan nursing home that allowed it to be sold to luxury condominium developers at a $ 72 million profit; whether an animal rights group that supported removing horse carriages from city streets got favorable treatment in return for generous donations to the Campaign for One New York; and whether the mayor, or those acting with him, violated state election law in raising money for three Democratic candidates to help the party gain control of the State Senate in 2014.
BERLIN (Reuters)- Environmental campaign group Greenpeace has found traces of chemicals that can pollute waterways in children's clothing and shoes made by luxury brands, challenging the sector's reputation for higher standards than those of mass fashion.
So say two of the world's most recognizable icons for luxury and culture — the BMW Group and Solomon R. Guggenheim Foundation — which convened a gathering in the lobby of the Guggenheim Museum here Friday to provide details about the city's forthcoming BMW Guggenheim Lab, part of a social science project that aims to solicit input directly from the streets on how to improve urban living.
LVMH says has no plans to sell Kenzo (Reuters) «LVMH said it had no plans to sell Kenzo, denying a report in Les Echos that said the luxury group was looking for potential buyers for the loss - making fashion brand.»
PARIS, France — LVMH agreed to take over suitcase maker Rimowa for $ 640 million ($ 716 million) and will put Alexandre Arnault in charge of the group's first German asset, a sign that Bernard Arnault is expanding his offspring's role in the luxury empire.
He jointly leads the largest Middle Eastern luxury distribution group, handling operations for clients like Louis Vuitton and Dior.
Kapoor founded Genesis Luxury in 2008 as the international arm of Genesis Colors, becoming the first to introduce franchise opportunities for luxury brands in the Indian market and in 2009 the group expanded into joint ventures with Burberry and luxury Italian men's brand CLuxury in 2008 as the international arm of Genesis Colors, becoming the first to introduce franchise opportunities for luxury brands in the Indian market and in 2009 the group expanded into joint ventures with Burberry and luxury Italian men's brand Cluxury brands in the Indian market and in 2009 the group expanded into joint ventures with Burberry and luxury Italian men's brand Cluxury Italian men's brand Canali.
«For sure, the most active companies in the M&A sphere will be the luxury groups,» says Mario Ortelli, senior analyst at Sanford C. Bernstein.
SHANGHAI, China — Following a report on BoF in January of Shandong Ruyi Group's emergence as a leading bidder for Bally, the Chinese textile producer has signed definitive agreements to buy a majority stake in the Swiss luxury brand for an undisclosed sum.
The high profile political figure has set up a luxury group to foster Qatari brands in fashion and hospitality for global audiences.
The Zegna Group - owned heritage Italian fashion house, best known for its use of luxury textiles like cashmere, angora and vicuna, has quietly unveiled a temporary concept store on New Bond Street.
Over three years have passed since the partners sold their luxury boutique - turned - e-tail success story to Neiman Marcus Group for approximately $ 150 million, since which they have been on a contractually obligated break from the industry — watching and preparing for their next move.
The luxury group — which houses Yves Saint Laurent, Balenciaga and Stella McCartney — said revenue rose 28.4 percent in the third quarter on a like - for - like basis, while Gucci remains its biggest profit driver.
Despite uncertainty around senior roles, and cooling demand for its product, Burberry could be an attractive proposition for LVMH, thanks to its expertise in the digital sphere, an area in which the French luxury group has lagged — and which it is attempting to buoy through the appointment of chief digital officer Ian Rogers.
Success just keeps being redefined by the London designer, who has been on the fashion scene for almost 20 years and whose brand — which is owned by PPR, the luxury group who recently acquired her fellow Brit visionary and ELLE Style Award winner Christopher Kane — encompasses ready - to - wear, fragrance, skincare, lingerie and childrenswear.
This dating site is luxury for this particular age group.
For luxury guided walking holidays in Europe, discover the striking natural beauty of Slovenia through guided walking in small friendly groups.
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