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Christian Dior holding company soars by over 17 percent on Paris Stock Exchange

Paris, France - The Christian Dior holding company gained over 17 percent on the Paris Stock Exchange on Thursday. This follows the announcement of a proposed reorganisation of the structure that controls the global luxury giant LVMH. At around 7:40am GMT, Christian Dior SE, LVMH's main shareholder with 42.47 percent of the shares, was up 17.42...

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Shein and Everlane: how an 80 million dollar acquisition serves a 27 billion dollar IPO strategy

A few hours after launching its initial public offering in Hong Kong, Shein faces a new complication in the US. The acquisition of Everlane, completed in May for 80 million dollars, is now under review by the CFIUS. Even more unusually, it was Shein who voluntarily requested this review after the deal was completed. This move can be seen as an...

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Luxottica Group withdraws from New York stock exchange

London - Following Luxottica Group merger with French lens maker Essilor, the Italian eyewear firm is set to withdraw from the New York stock exchange. The eyewear group, which is also listed on the stock exchange in Milan, noted maintaining a listing in the United States represented "significant administrative costs." In addition, Luxottica...

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Luxottica Group withdraws from New York stock exchange

London - Following Luxottica Group merger with French lens maker Essilor, the Italian eyewear firm is set to withdraw from the New York stock exchange. The eyewear group, which is also listed on the stock exchange in Milan, noted maintaining a listing in the United States represented "significant administrative costs." In addition, Luxottica...

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