Dufry and Autogrill confirm negotiations over possible merger
The merger would create a travel chain with annual revenues of around €6.3bn.
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Cazoo launches online car retail service in Italian market
The company previously launched its services in Germany, France and Spain over the last six months.
Reliance to buy minority stake in Plastic Legno’s Indian toy business
The investment will expand RBL’s supply chain in the Indian toy market.
Prada registers 41% increase in total net revenue for FY21
The retailer reported that its online sales for the year were five times higher than they were in FY19.
Ermenegildo Zegna Group registers 27% increase in FY21 sales
The company expects revenue growth in the low teens this year, as well as further improvement to its adjusted EBIT…
Italian luxury group Zegna completes merger with IIAC
The newly merged entity is to start trading on the NYSE under the new ticker symbol “ZGN” from 20 December.
Amazon given $1.3bn fine for abusing market position in Italy
The e-commerce giant said it ‘strongly disagreed’ with the watchdog’s decision and plans to appeal it.
L Catterton Europe to acquire controlling stake in Etro
A significant minority interest in the company will be held by the Etro family, with founder Gerolamo Etro serving as…