Quick Survey of Landmark Deals Made in July


Bally CEO Frédéric de Narp Proven Right as Profits Rise on US and Japanese Growth

CEO Frederic de Narp proven right as Bally profits rise on strong Asia performance as well as capsule collections featuring hip hop culturally relevant accessories and garments have encouraged sales in the U.S.

SGX-Listed Grand Banks Yachts To Acquire Florida Marina

Grand Banks has announced that it intends to acquire the Stuart Service Yard in Florida to serve as its official United States headquarters, consolidating its presence in the world’s biggest boat market.

Lanvin acquisition Battle between Qatari Mayhoola and Chinese Fosun

Qatari investment fund Mayhoola, owner of Italian fashion house Valentino, and Chinese Fosun, a conglomerate behind French Club Med, are both in a battle to acquire majority stakes in French fashion couturier Lanvin.

Luxury holiday rentals: Airbnb now provides luxurious vacation accommodation options with concierge services

As a veteran in the market for budget-friendly alternatives to hotels, Airbnb diversifies in its latest acquisition of Luxury Retreats

LVMH Buys Majority Rimowa Stake for $716 million

The world’s largest luxury group LVMH got a bit bigger Tuesday after a $716 million deal to take a majority position in German luggage maker Rimowa.

Hermes Acquires Stake in Pierre Hardy

With demand for shoes higher than usual, this buying of a minority stake in Pierre Hardy may help in its expansion plans.

Balmain Acquired by Qatari Fund

Qatari fund Mayhoola For Investments sees a bright future for the fashion label which made waves recently thanks to artistic director Olivier Rousteing.
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