Track – Beautifaire

2 Dec

Rinascente on Track to Hit 1B Euro in Sales,

MILAN — Officially kicking off the vacation season with one of the expansive brand takeovers the department store has ever orchestrated, Rinascente is on target to hit the 1 billion euro sales mark this yr, breaking the previous record. The retailer’s jewel-in-the-crown location overlooking the Duomo cathedral in Milan unveiled Chanel Wonderland Thursday night, a takeover of the French maison that runs through Jan. 4. “This move is the apotheosis of our strategy as a media company,” Rinascente chief executive officer Pierluigi Cocchini told WWD ahead of the inauguration. “It’s interesting that an organization like Chanel — one of the evocative and reputable brands on the planet — has decided to partner with Rinascente Duomo on a Christmas takeover, an important moment for them,”...

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28 Mar

Italian Design Brands On Track for IPO, Profits Surge

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Fashion, Featured

Italian Design Brands On Track for IPO, Profits Surge

MILAN — Italian Design Brands, one in all the nation’s largest high-end furniture and design holdings, confirmed Tuesday that its initial public offering will go ahead as planned throughout the first half of the yr, market conditions permitting. Established in 2015 by Private Equity Partners and a select group of investors through an organization called Investindesign, the Milan-based company plans to list its shares on the Euronext exchange and maybe the Star segment of the Milan Stock Exchange, its chairman and chief executive officer Andrea Sasso told WWD in an announcement.“IDB’s listing project on Euronext Milan and, if the conditions are right, on the Star segment, stays valid and confirmed for the primary half of this yr, market conditions permitting,” Sasso said....

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2 Mar

Ferragamo Posts 2022 Sales Gain, on Track With Strategic

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Ferragamo Posts 2022 Sales Gain, on Track With Strategic

Ferragamo Posts 2022 Sales Gain MILAN — Ferragamo is “fully on the right track on all its strategic priorities,” as the corporate posted one other 12 months of growth in revenues. This was achieved “amid a fancy and volatile macroeconomic environment, through which we focused on the standard of sales in our retail network, progressed on the optimization of the wholesale channel, and increased investments within the second half, as planned,” said the corporate’s chief executive officer and general manager Marco Gobbetti during a conference call with analysts on Thursday evening. Last 12 months, the Florence-based company reported a ten.2 percent increase in sales to 1.25 billion euros, compared with 2021. Within the 12 months ended Dec. 31, net profit, including a minority interest,...

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15 Jan

The Armory Rebranded because the Nike Track & Field Center

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The Armory Rebranded because the Nike Track & Field Center

It’s arguably probably the most famous indoor track within the country. And now, the Armory Track in Recent York’s Washington Heights neighborhood has been rebranded the Nike Track & Field Center on the Armory. On Thursday, the sporting goods giant officially unveiled the name as a part of a multilayered partnership intended to reinforce and expand opportunities for youngsters of all ages to participate within the track’s running activities. These include CityTrack, Little Feet and Tiny Feet programs for elementary and middle school kids, an Armory College Prep program for top school students and Armory College Prep Middle School and Great Minds programs for younger children. Greater than 1 million miles are run on The Armory track every year and the venerable...

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