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.)
By Danielle Broadway LOS ANGELES, Aug 7 (Reuters) - Sophia Laforteza, the leader of global…
Aug 7 (Reuters) - Lawyers for social media influencers Andrew and Tristan Tate urged a…
By Deborah Mary Sophia Aug 7 (Reuters) - Take-Two Interactive said on Friday it is…
The new innovations and state-of-the-art laboratory bring KühlTherm closer to its vision of achieving 2 GW manufacturing…
Awsum’s cheesecake range—New York Style, Blueberry, Coffee & Zesty Lemon. Creamy indulgence, without the compromise.…
The milestone positions FramesNFlights as India’s first AI travel influencer duo to reach 100,000 Instagram…