Categories: Entertainment

Giambattista Valli cancels Paris Fashion Week show at last minute

PARIS, Jan 23 (Reuters) – Italian fashion house Giambattista Valli will not stage its planned Haute Couture show in Paris on Monday due to a review of its business, the brand said on Friday. "The House is currently undertaking an in-depth review of the organisation of its activities in order to ensure the company’s sustainability. Fully focused on this process, it has decided not to hold the show," the brand said in an emailed statement. Giambattista Valli is majority-owned by Artemis, the Pinault family's holding that also controls Gucci-owner Kering, itself struggling financially amid a global downturn in luxury spending.  (Reporting by Helen Reid; Editing by Kirsten Donovan)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Indianews Syndication

Recent Posts

UPDATE 5-MLB Rockies vs Diamondbacks Box Score

Diamondbacks 12, Rockies 8 Diamondbacks ab r h rbi bb so avg Nootbaar LF-RF 6…

36 seconds ago

Brewers take down Phillies for franchise's first 100-win season

VIDEO SHOWS: HIGHLIGHTS OF PHILADELPHIA PHILLIES V MILWAUKEE BREWERS MLB GAME  COMPLETE SHOTLIST TO FOLLOW…

2 minutes ago

BRIEF-Delek Prices $400 Million 0.00% Convertible Senior Notes Due 2031

Sept 24 (Reuters) - Delek US Holdings Inc: * DELEK US HOLDINGS, INC. ANNOUNCES PRICING…

4 minutes ago

Airbus identifies A321neo quality defect but says no safety risk

By Allison Lampert, Carlos Méndez and Mrinmay Dey Sept 24 (Reuters) - Airbus said on…

7 minutes ago

India net importer of finished steel in April-August

By Neha Arora NEW DELHI, Sept 25 (Reuters) - India was a net importer of…

12 minutes ago

UPDATE 8-NHL Results

Sep 25 (Stats Perform) - Results from the NHL games on Thursday (home team in…

15 minutes ago