New Delhi-based Renee Cosmetics has raised $1.5 million in a pre-series A funding round, which was led by Equanimity Ventures, 9Unicorns and Titan Capital.
Bernard Arnault has ended his shareholder agreement with Arnaud Lagardere, according to a report published by Reuters.
Celebrity Cruises and Goop have furthered their partnership with a program of wellbeing classes to be held on board a series of four Caribbean sailings this fall.
Dufry has reported a turnover of CHF1,187.2 million for the first half of 2021, 69.5 percent down on 2019 levels. The travel retail operator said that the resumption of travel in the US, Central America and parts of EMEA was driving a gradual recovery.
Lagardere has reported its results for the first half of the current financial year. The group saw revenue increase 5 percent like-for-like on the same period in 2020 thanks to an exceptional performance from its publishing arm.
LVMH has reported a net profit leap of 62 percent in H12021 as opposed to 2019, which was bolstered by record sales for its key fashion and leathers goods division, driven by Louis Vuitton and Dior.
Chanel has partnered with Lagardere Travel Retail and Aeroports de Paris to open a new Beauty Studio at Paris’ Roissy-Charles de Gaulle Airport, according to a report published by DFNI Online.
Chanel hasn’t paid dividends to its owners for the past year, according to a report published by the Mail on Sunday, and is not proposing to pay a dividend that would usually be due this month.
Almost 16,000 passengers have boarded 152 flights ‘to nowhere’ in order to indulge in a tax free shopping spree, according to a report published by The Korea Herald quoting data from the Korea Customs Service.
Lagardere has announced a series of structural changes designed to appease activist investors ahead of the company’s AGM this week, according to a report published by Reuters.