Giorgio Armani names Giuseppe Marsocci as new CEO
Italian luxury fashion house Giorgio Armani has appointed Giuseppe Marsocci as its new CEO, effective immediately, following the death of…
All articles by Shubhendu Vimal
Shubhendu Vimal
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EssilorLuxottica revenue up 11.7% to €6.87bn in Q3 2025
Ray-Ban maker EssilorLuxottica has reported consolidated revenue of €6.87bn ($8.03bn) for the third quarter of 2025. This marks an increase…
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Ulta Beauty names Christopher DelOrefice as new CFO
US beauty retailer Ulta Beauty has named Christopher DelOrefice as its next chief financial officer (CFO), effective from 5 December…
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Inter Ikea Group retail sales fall 1% in FY25
Inter Ikea Group recorded a 1% decline in total retail sales for the financial year 2025 (FY25) that ended on…
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Galeries Lafayette to open first Indian flagship store in Mumbai
French retailer Galeries Lafayette will open its first flagship store in India in early November in Mumbai, in partnership with…
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Pingo Doce links with SymphonyAI for AI-powered merchandising
Portuguese supermarket chain Pingo Doce has entered a partnership with SymphonyAI to implement the CINDE Connected Retail platform. The move…
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Ulta Beauty introduces UB Marketplace to expand e-commerce offerings
US-based beauty retailer Ulta Beauty has launched UB Marketplace, an online platform focused on beauty and wellness, now accessible via…
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LVMH sees 1% organic growth with €18.28bn revenue in Q3 2025
LVMH, owner of Louis Vuitton, has reported revenue of €18.28bn ($21.15bn) for the third quarter (Q3) of 2025 - a…
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Walmart and OpenAI collaborate to enable AI-powered shopping
Walmart has linked with OpenAI to introduce AI-powered shopping features, allowing customers and Sam’s Club members to make purchases directly…
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EU fines Gucci, Chloé and Loewe for resale price fixing
The European Commission has imposed a total fine of €157m ($181.52m) on luxury fashion houses Gucci, Chloé and Loewe for…